In ESRB Advisory Scientific Committee Report No 16 of December 2025, Cecchetti, Lumsdaine, Peltonen and Sánchez Serrano write that AI does not necessitate a full overhaul of the regulatory system but that it is almost surely necessary to consider significant reforms, and that risks from AI provider concentration, model uniformity and cyber-attacks may require fundamental changes beyond the current prudential framework.

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