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Central Banking in the Age of AI: Cybersecurity, Resilience and Trusted Adoption

AI adoption by central banks, the financial institutions they supervise, and in financial systems and infrastructure is growing, even as AI’s capabilities and the AI risk landscape is rapidly evolving.

Increasingly powerful frontier models can enhance efficiency and decision making, whilst posing cybersecurity and financial system resilience risks as they can autonomously identify and exploit software vulnerabilities, raising significant implications for critical financial infrastructure such as national payment systems and the wider financial industry.

This roundtable discusses how central banks can prepare and respond to the next and future generations of AI capabilities and risks, ensuring cybersecurity, resilience and the trusted adoption of AI. The session will highlight best practices, challenges, lessons learnt and opportunities for cross-border collaboration in implementing and scaling AI safely and securely.

Speakers

Colin Payne

Colin Payne

Head of Innovation, Financial Conduct Authority (FCA)

Jeremy Hor

Jeremy Hor

Executive Director, Enterprise Knowledge Department, Monetary Authority of Singapore

Dr. Jochen Papenbrock

Dr. Jochen Papenbrock

EMEA Head of Financial Technology, NVIDIA

Laura Tamayo

Laura Tamayo

Data, AI, & Business Development Director, Iberpay

Michael Jefferson

Michael Jefferson

Head of Financial Services Public Policy EMEA, Amazon Web Services

Dr. Nino Landerer

Dr. Nino Landerer

Deputy Director General Strategy & Innovation, Deutsche Bundesbank

Randall Duran

Randall Duran

Senior Lecturer, Singapore Management University

Sonja Davidovic

Sonja Davidovic

Senior Digital Expert on Transformative Technology, International Monetary Fund

Trevor Fitzpatrick

Trevor Fitzpatrick

Head of Division, Central Bank of Ireland

Moderator

Díaz Miguel

Díaz Miguel

Deputy Head of the BIS Innovation Hub & Head of Strategy, Bank for International Settlements (BIS)