( June 10, 2026, 08:00 GMT | Official Statement) -- MLex Summary: The Financial Stability Board has set out 12 practices for responsible adoption of artificial intelligence covering governance, development, and deployment, and asked for feedback by July 22. In a report, the global financial watchdog said governance practices included the pivotal role of senior management plays in setting the overall approach and providing oversight, and importance of defining clear responsibilities. Development practices included effectively assessing the risks of AI use cases at inception and thereafter, and implementing effective human oversight. The deployment practices included managing AI-related cyber risks and risks from AI third-party use.Statement is attached....
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