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How the ECB Integrates AI into Supervision

by Starling Insights

Starling Insights Editorial Board

Mar 06, 2024

Observations

In a recent article for Revue Banque, Elizabeth McCaul, a Member of the Supervisory Board of the European Central Bank (ECB), highlights the integration of artificial intelligence (AI) into European banking supervision.

"[W]e must adopt a future-proof approach to understanding and using AI," McCaul writes. “We should use it to enhance our internal supervisory capabilities and gain greater insights into the risks facing supervised banks as they, in turn, also deploy AI.”

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How the ECB Integrates AI into Supervision

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