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ARTICLE · 11 SEPTEMBER 2026

FinTech Global FS Regulatory Round-up - w/e 4 September 2026

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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The Financial Stability Board (FSB) has published a letter from its Chair and Governor of the Bank of England, Andrew Bailey, to G20 Finance Ministers and Central Bank Governors.

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FSB chair warns of risks from frontier AI and market vulnerabilities

The Financial Stability Board (FSB) has published a letter from its Chair and Governor of the Bank of England, Andrew Bailey, to G20 Finance Ministers and Central Bank Governors. The letter warns that markets remain vulnerable to a potentially disorderly correction that could spread across borders, citing fragilities in sovereign debt markets, vulnerabilities in private credit and stretched asset valuations.

Frontier AI models are identified as a growing risk, with cyber risk described as the most immediate concern for the financial system. Mr Bailey calls on jurisdictions to take appropriate steps to support safe and responsible model release and deployment, and urges financial firms to ensure robust response and

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