The Central Bank highlighted geopolitical tensions, stock market volatility and the disruption from AI as big risks to the financial system. Photograph: Alan BetsonWhat are the risks to the financial system? The latest report and accompanying statement from the bank makes for fairly grim reading. “Operational risks remain very high for the financial sector, given current geopolitical tensions, advancing digitalisation and increasingly complex operating models,” it said. “Relative to last year, asset valuation and market risks are judged to have increased, as have the risks associated with data, models and AI,” the bank added.

Source: The Irish Times March 01, 2026 07:31 UTC