Sweden's Riksbank published remarks by Deputy Governor Aino Bunge from a panel discussion at the BIS Innovation Summit, urging central banks and supervisors to cooperate and share best practices as they adopt artificial intelligence in their operations. She framed AI as bringing both material opportunities and risks for the financial sector, arguing that central banks need to keep pace with rapid technological change to be able to manage those risks. Bunge stressed that new technologies should be implemented responsibly, with trust in financial firms maintained and authorities providing clear guidance. She also warned that cross-border risks require international cooperation, which is becoming harder amid higher geopolitical tensions and what she described as questioning of international standards and regulation; while simplification of rules can be positive, she expressed concern that lighter regulation is being treated as a competitive advantage in areas relevant to stability. On stablecoins, she pointed to the ongoing development and international debate on their risks, and underscored the importance of factoring in financial stability risks when national regulatory approaches diverge.

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