We are pleased to announce the latest post on the SUARA SEACEN Blog by Mark McKenzie, Senior Financial Sector Specialist at the Centre.
The Adoption of AI in SEACEN Member Central Banks and Considerations for Financial Stability
Artificial intelligence is transitioning from narrow, task-specific analytical models to advanced generative systems capable of producing human-like outputs and supporting complex decision-making. This evolution positions AI as a strategic enabler within financial systems, influencing leadership, operations, and policy frameworks. For central banks, AI offers significant opportunities to enhance forecasting accuracy, operational efficiency, and monetary policy implementation; however, it also introduces systemic risks that could undermine financial stability. These risks necessitate a comprehensive reassessment of existing governance structures, cybersecurity protocols, and ICT risk management frameworks to ensure resilience throughout the AI lifecycle—from design to deployment. This blog explores the adoption of AI in SEACEN member central banks and explores the risks to financial stability, and how central banks and regulators should respond.
Click here to read.
