The Bank of Finland announced a joint seminar with the Finnish Financial Supervisory Authority (FIN-FSA) in Helsinki on 5–6 November 2025 examining how artificial intelligence is affecting the financial sector, financial supervision and the broader AI outlook. The event brings together experts from central banks, supervisory authorities and the financial sector to discuss practical AI applications alongside related challenges and opportunities. In opening remarks, Bank of Finland Board Member Tuomas Välimäki emphasised moving from “hype” to demonstrable, concrete benefits through practical examples. The agenda covers how AI is expected to automate tasks and shift skill requirements, prompting firms to invest in both technology and workforce development, and notes the need for Europe to keep pace through investment, education and training, and innovation. Sector use cases cited include forecasting models, risk management and service development, with trust and cybersecure solutions highlighted as foundational, and the seminar includes Finnish and European examples of AI already being applied in banking and supervisory work. A live stream is available, but the event will not be recorded.
Bank of Finland 2025-11-05
Bank of Finland and Finnish Financial Supervisory Authority hold Helsinki seminar on AI impacts for finance and supervision
The Bank of Finland and the Finnish Financial Supervisory Authority are hosting a seminar in Helsinki on 5–6 November 2025 to explore AI's impact on the financial sector and supervision. Discussions will focus on practical AI applications, challenges, and opportunities, emphasizing automation, skill shifts, and investment in technology and workforce development. The seminar highlights AI use cases in forecasting, risk management, and service development, stressing the importance of trust and cybersecurity.