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Thursday, 29 October 2026

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Financial Sector Urged to Strengthen AI Oversight and Cooperation

Financial-sector experts are calling for stronger AI oversight, better supervisory data and cross-border cooperation as adoption accelerates.

By TLA AI Editor4 min read

Shanghai, 29 October 2026 – Financial-sector experts are urging stronger oversight of artificial intelligence and closer international cooperation as banks and regulators expand their use of the technology. A World Bank survey of 27 financial-sector authorities in emerging markets and developing economies found that only 11% had adopted AI to support core supervisory functions, while nearly half said they lacked adequate systems, resources or processes to monitor AI developments.

For Asian businesses and investors, the figures show that AI adoption is moving faster than supervisory capacity in many markets. The survey is a confirmed snapshot, not a forecast of a crisis. It does, however, explain why banks, insurers and fintech companies are being asked to document models, strengthen data controls and keep people accountable for decisions that affect customers and markets.

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Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.