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Finance sector AI oversight encouraged

Financial sector experts have called for stronger oversight of artificial intelligence in the industry and enhanced international regulatory cooperation to ensure that risks associated with AI can be effectively mitigated, while at the same time, harnessing the opportunities it offers for development.

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鼓励加强对金融领域人工智能的监管

Financial sector experts have called for stronger oversight of artificial intelligence in the industry and enhanced international regulatory cooperation to ensure that risks associated with AI can be effectively mitigated, while at the same time, harnessing the opportunities it offers for development.

Zhang Wencai, managing director and chief administrative officer of the World Bank Group, said at the 2026 Bund Summit in Shanghai last week that the world had reached a critical juncture in both the use and governance of AI. Zhang called for greater global cooperation and coordination, particularly in developing AI governance standards.

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