Bank of Italy Engages Global AI Firms Ahead of Financial Sector Model Rollouts

Bank of Italy Governor Fabio Panetta said on May 29, 2026 that the central bank is in talks with global artificial intelligence providers to ensure new AI models are properly implemented before reaching the financial sector. The discussions, launched in recent days with national authorities, financial players and their IT services providers, aim to prepare for the public release of advanced AI tools. Panetta stressed that banks remain responsible for system protection and continuity, but third‑party AI providers must share that responsibility. A purely technological response is insufficient, Panetta said, calling on executive bodies to establish sound governance and control frameworks. The central bank’s engagement targets a safe adoption of AI across finance without relying solely on technical safeguards.