FSB Calls for Stronger Controls on Agentic AI in Finance, 52% of Financial Firms Already Using It

According to the Financial Stability Board on June 10, the global regulator "strongly" encouraged financial institutions to implement safeguards against risks posed by agentic AI — autonomous systems capable of planning, reasoning, and executing tasks with minimal human oversight.

A survey by the Cambridge Centre for Alternative Finance found that 52% of financial sector respondents reported active agentic AI adoption, with 23% scaling or transforming and 29% piloting such functions. The FSB warned that agentic AI could execute actions that diverge from firms' intentions without staff awareness or ability to intervene quickly, and outlined non-binding guidelines requiring clear boundaries on AI use and human approval for high-risk actions.