Technology as a new frontier for macroprudential policy

Speech

Technology as a new frontier for macroprudential policy

By European Central Bank

This September 2024 speech by ECB President Christine Lagarde argues that macroprudential policy must expand beyond traditional cyclical risk management to address systemic vulnerabilities created by technological advances, including concentration risk in third-party technology providers, heightened cyber threats, potential herding from widespread AI adoption, and future quantum computing threats…

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