BOJ must scrutinise impact on financial system from AI, non-bank activities, Ueda says

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BOJ must scrutinise impact on financial system from AI, non-bank activities, Ueda says

AI Summary

Bank of Japan Governor Ueda emphasized the need for the central bank to carefully assess AI and non-bank financial activities' impacts on the financial system. This statement signals Japan's proactive stance on emerging risks posed by technological innovations in finance.

Markets AI & Tech Bank of Japan AI financial system non-bank activities Ueda financial regulation

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