TITLE: Belgium's Financial Services and Markets Authority Publishes Communication on Frontier Artificial Intelligence Systems and Cyber Risk BODY: On June 15, 2026, the Financial Services and Markets Authority (FSMA) published a communication regarding the impact of frontier artificial intelligence (AI) systems on cyber risk faced by entities it supervises. Recent developments in artificial intelligence are creating a sharp increase in cyber risk exposure for regulated firms. The FSMA noted that entities which previously considered themselves at low risk of cyberattacks—particularly due to their size or activities—must reassess the likelihood and impact of potential attacks on their systems. The communication emphasises that frontier AI systems represent a material shift in the threat landscape, requiring financial institutions to strengthen their cyber resilience posture accordingly. The FSMA calls on all entities subject to the Digital Operational Resilience Act (DORA) Regulation to swiftly implement all measures required by this regulation. The authority warned that failure to comply with DORA requirements will expose regulated entities to significantly greater risk of falling victim to cyberattacks. The FSMA also noted that the measures outlined in DORA are relevant and applicable to financial entities not formally subject to the regulation, indicating that cyber risk mitigation practices should be adopted across the financial sector regardless of regulatory classification. The communication is available as FSMA_2026_15 and serves as a formal advisory to the financial services industry on the urgent need to address cyber vulnerabilities in light of advancing AI capabilities.

Frontier AI Systems and cyber risk | FSMA

Pipeline Progress

🔄 Pipeline Journey