What happened
At its meeting of 28-29 September 2026 the Basel Committee on Banking Supervision discussed AI among its range of analytical, supervisory and regulatory initiatives and approved the annual assessment exercise for global systemically important banks (G-SIBs); separately, chair Erik Thedéen said supervisors must modernize by building expertise in AI, cloud dependence and cybersecurity.
Why it matters
Flags that global banking supervision is formally prioritising AI capability — a precursor to future supervisory expectations/guidance for banks deploying AI and agentic tools in lending, risk and operations, consistent with the financial-sector AI push from MAS, CSBS and RBI.
Action needed
International banks and G-SIBs should track forthcoming Basel outputs on AI and treat AI governance, model-risk and cloud-resilience expertise as likely supervisory expectations.