Vanguard· 1h ago· 1 min read
By Emma Ujah, Abuja Bureau Chief
The International Monetary Fund (IMF) has called on central banks and financial regulators to strengthen governance frameworks for Artificial Intelligence (AI), warning that the rapid adoption of the technology across the financial system could create new systemic risks if left inadequately supervised.
The recommendation was made by the IMF’s Financial Counsellor and Director of the Monetary and Capital Markets Department, Tobias Adrian, in a blog post outlining how AI is transforming financial markets, lending, supervision and risk management.
Adrian noted that AI is increasingly being used to price financial risks, allocate credit, execute trades and support supervisory activities, creating opportunities for greater efficiency while introducing new vulnerabilities that regulators must address.
He identified three immediate priorities for…
Continue reading at VanguardDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
Soludo's son Ozonna reunites with family after missing sister's graduation, Davido reacts
23m ago
Read More
2027: I’ll support anyone who can fix Nigeria — Peter Obi
1h ago
Read More
Kano leads as INEC records 2.97million new voters in final phase
1h ago
Read More
‘It never happened’ — Obi denies making divisive remarks about northerners
11m ago
Read More
Seventh week of incarceration hardest for us, rescued Oriire school principal narrates ordeal during thanksgiving
12m ago
Read More
FG maps 500,000 MSMEs to drive industrial growth, competitiveness
15m ago
Read MoreLatest in Top Stories
Osun Violence: Police declare five suspects wanted
Vanguard · 18m ago
Iran Guards Turn Back Six Vessels In Hormuz
Channels TV · 20m ago
UNFPA hands over obstetric fistula equipment to Sokoto Specialist Hospital
Nigerian Tribune · 30m ago
Ondo Assembly crisis deepens as Speaker fights for survival
Nigerian Tribune · 33m ago
Why 2027 could be my last presidential race — Peter Obi
Nigerian Tribune · 39m ago
Every young girl belongs wherever scientific decisions are made — Akinwumi, Ogbomoso-born food scientist elected UK’s IFST Fellow
Nigerian Tribune · 43m ago
Seven lecturers suspended over sex-for-marks scandal in Kogi poly, rector blamed for sexual harassment
Peoples Gazette · 34m ago
WAFCON 2026: Morocco, Algeria seize early Group A advantage with victories over Kenya, Senegal
Premium Times · 56m ago
Most Read Today
Super Falcons unveil new 10-star jersey before WAFCON 2026 opener
Legit.ng · 2d ago
Dyson V10 Konical Review (2026): Affordable and Solid
Wired · 5d ago
Gehgeh officially weds lover despite bad advice against marriage [VIDEO]
Daily Post · 23h ago
Pay raises keep shrinking. Here’s how much smaller they’ll be next year.
MarketWatch · 2d ago
See details for Kansas Athletics’ new-look Late Night in the Phog
Yahoo Sports · 3d ago
Nigerian soldiers should earn ₦250,000 monthly — Retired general
Punch · 23h ago
White House Rushes to Trump’s Defense After Alan Ritchson Torches President Over Epstein Files
Rolling Stone · 2d ago
Osun guber: Ekiti Accord candidate mobilises support for Adeleke
Nigerian Tribune · 4d ago