CSSF chief warns financial sector risks missing the AI revolution

Claude Marx, director-general of CSSF. Photo: Marion Dessard/Bloomberg.
Claude Marx, director-general of CSSF. Photo: Marion Dessard/Bloomberg.
Claude Marx, head of Luxembourg’s financial regulator CSSF, has sent a stark warning to the financial sector: Europe’s banks and asset managers are already falling behind in the race to adopt artificial intelligence. “We are facing an economic revolution and we should embrace it,” he said.

Continue reading this article?

Register for free and get full access:
  • Exclusive for professional investors
  • Cancel anytime
  • Unlimited access

Registration takes less than 1 minute.
No payment details required