FSB Europe Group discusses AI risks, private credit
The Financial Stability Board's Regional Consultative Group for Europe met on June 2-3, 2026, in Vienna. Senior officials discussed financial stability implications of advanced AI models and risks in private credit.
AI models and FSB's 2026 agenda
The meeting, co-chaired by Antoine Martin of the Swiss National Bank and Marja Nykänen of the Bank of Finland, addressed the Financial Stability Board's (FSB) work programme for 2026.
Discussions covered global and regional financial vulnerabilities, with a specific focus on the financial stability implications arising from advanced AI models.
Participants also explored system-wide exploratory stress testing methodologies.
A dedicated roundtable discussion focused on the rapid growth of private credit in Europe, examining potential liquidity risks and vulnerabilities from retail investor involvement.
These topics underscore the FSB's commitment to proactively identifying and mitigating emerging risks within the global financial system.
Regional engagement for stability
The meeting was hosted by Oesterreichische Nationalbank in Vienna on June 2-3, 2026, bringing together senior officials from central banks, financial authorities, and regulatory bodies across the European region.
The Financial Stability Board's Regional Consultative Groups (RCGs) facilitate structured engagement between FSB members and non-members.
Their purpose is to promote global financial stability, implement international financial policies, and address regional vulnerabilities.
This collaborative approach ensures that diverse perspectives are considered in developing robust financial oversight frameworks.