Claim · 2024-11-14 · publication · Stated in source · Supported

The FSB report of 14 November 2024 states that reliance on specialised hardware, cloud services and pre-trained models has increased AI-related third-party dependencies and that the highly concentrated market for these products could expose financial institutions to operational vulnerabilities and systemic risk.

One recorded claim. The claim panel gives its qualification, the source passages with their place in each source, and how it was checked.

What it connects

The Financial Stability Implications of Artificial Intelligence → articulates → Reliance on a few AI providers creates concentration risk

Where it appears

AI and money: what central banks and financial authorities have said, 1997–2026 →

Claim and evidence

The Financial Stability Implications of Artificial Intelligencearticulates ↓Reliance on a few AI providers creates concentration risk

Machine-checkedStated in sourceSupported

Supporting evidence: primary · 1 source

Date: 2024-11-14 · publication Records dated 2024 →
Role: Articulation
Register (kind of text): Nonfiction

Scope and limitsA statement of what the text says, not evidence that the risk has materialised or that any authority has adopted a policy.

The evidence 01

primary sourceSupports the claim

The Financial Stability Implications of Artificial Intelligence

Financial Stability Board · 2024-11-14

Cite the original source

Cite the original document, not Selekoa. Check these details against it.

Source excerpt

“The market for these products and services is also highly concentrated, which could expose FIs to operational vulnerabilities and systemic risk from disruptions affecting key service providers.”

Location in source Executive summary, “Third-party dependencies and service provider concentration”, PDF p. 5 (printed p. 1)

How it was read Retrieved directly from the publisher

Machine-checked · 2026-11-06

Source details and check notes

Authors: Financial Stability Board
Version: Retrieved for the candidate pack on 2026-11-02 (SHA-256 4b81544ecb28b50fb2fa5dab530a0f32c9351506a875d1de841b946d18e7ecef). Retrieved again at admission on 2026-11-06 (same file). PDF dated 14 November 2024 as served by fsb.org on 2026-11-02
Canonical address: Open the canonical source ↗
Accessed: 2026-11-06
Language: English (en)
Attribution: Financial Stability Board, “The Financial Stability Implications of Artificial Intelligence”, 2024-11-14.
Reuse: No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution.
Check notes: Candidate pack passage, AI and money (research/ai-money). The quotation (27 words) matched a fresh retrieval of 2026-11-06 (the same file the candidate pack read). Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review.

Status and meaning

Editorial status. Machine-checked. Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.

Relation. A passage of the document meets the proposition’s criterion. The record documents what the text states, in its register (fiction and satire are labelled); it is not evidence that the proposition is true and implies no influence on or from another text.

Date. Date of publication, as the text gives it.

Record ID am-u02-fsb-2024-ai