pc
nid 93246
Jun 16, 2026
tojuri@vixio.com
Belgium
Financial Services and Markets Authority
financial services
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1563 charsBelgium's Financial Services and Markets Authority Publishes Communication on Frontier Artificial Intelligence Systems and Cyber Risk
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.
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1618 charsBelgium's Financial Services and Markets Authority Publishes Communication on Frontier Artificial Intelligence Systems and Cyber Risk
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) to critically assess the measures they have put in place to ensure that their ICT systems, protocols, and tools meet the requirements for adequacy, reliability, capacity, and resilience under DORA. The FSMA details the measures that entities should take into account, divided into four categories:
Identifying ICT assets.
Protecting ICT assets.
Detecting incidents and responding quickly.
Requiring ICT service providers to take measures at their level as well.
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.