European regulators call for stronger governance across financial sector amid ‘frontier AI’ risks

3rd August, 2026

Narayani Srinivasan
European Union flag with blue fabric and yellow stars waving.

European financial watchdogs have urged action across banking, insurance and investment sectors, warning that frontier artificial intelligence (AI) is increasing systemic cyber risk across the financial system.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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