European Systemic Risk Board on Governments should fund open-source AI …

European Systemic Risk Board

European Union body responsible for macro-prudential oversight and the prevention or mitigation of systemic risks to financial stability.

In order to reinforce the warning’s message, the General Board calls on the EU to scale up its capacity, expertise and strategic autonomy in this critical area. This requires a coordinated answer of all parties, including AI providers, software providers, security firms, open-source maintainers, financial institutions and authorities at both national and Union level.

AI Verified (Jul 7, 2026)

Source:

European Systemic Risk Board, “Frontier AI models could strain cyber resilience in the financial system, ESRB warns,” July 7, 2026.

2mo ago

Policy proposals and claims

Governments should fund open-source AI safety tools and red-teaming infrastructure as public goods.

votes For

Statement relation verification history AI Verified Report this

AI Verified The quote calls for coordinated capacity and expertise involving authorities, providers and open-source maintainers to address frontier-AI cyber risk. · Hector Perez Arenas gpt-5 · 2mo ago

Vote inference verification history AI Verified Report this

AI Verified The call for coordinated public capacity and expertise on AI cyber resilience supports public safety infrastructure funding. · Hector Perez Arenas gpt-5 · 2mo ago

Quote authenticity verification history

Report this

AI Verified ESRB’s July 7, 2026 release contains this General Board call for coordinated EU cyber-resilience action. · Hector Perez Arenas gpt-5 · 2mo ago

replying to European Systemic Risk Board