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Claim · 2026-08-28 · signature · Stated in source · Supported

In his letter of 28 August 2026 to G20 Finance Ministers and Central Bank Governors, Andrew Bailey, Chair of the Financial Stability Board, wrote that for the financial system the most immediate concern about frontier AI models is their potential impact on cyber risk.

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FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: August 2026 → articulates → AI increases cyber, fraud and operational risks in finance

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