Publication of AI Discussion Paper (Version 1.1)

The Financial Services Agency (FSA) issued an AI Discussion Paper (Version 1.1) entitled “Preliminary Discussion Points for Promoting the Sound Utilization of AI in the Financial Sector” in Japanese on March 3, 2026.

1. Summary

The FSA published the AI Discussion Paper (Version 1.0) in March 2025 to promote sound AI utilization in the financial sector and to support constructive dialogue with financial institutions. Subsequently, from June to December of the same year, the FSA AI Public-Private Forum, participants shared knowledge and engaged in discussions on topics such as the status of AI utilization, examples of AI-related risk management and governance initiatives, and situations that require clarification on how regulations apply.

Based on the insights gained through the FSA AI Public-Private Forum, the FSA has now updated the AI Discussion Paper (Version 1.0) and revised it as Version 1.1.

2. Request for Comments

This Discussion Paper provides an initial overview of the current state and challenges of AI utilization in financial institutions, examining a broad range of related issues. As this analysis is preliminary, technological advancements and evolving business landscapes may significantly alter the identified challenges. We intend to use these viewpoints as a foundation for ongoing dialogue with stakeholders and to evolve and refine specific future policies. We welcome your comments and suggestions via email to the Fintech and Innovation Office, Risk Analysis and Analysis Division, Policy Bureau [ai. survey ★ fsa. go. jp Please replace the ★ with @.] Please note that we are not accepting comments via telephone.

(Attachment 1)

AI Discussion Paper (Version 1.1) (Summary)

Contact

Fintech and Innovation Office, Risk Analysis Division, Strategy Development and Management Bureau, Financial Services Agency

Tel +81-(0)3-3506-6000 (ext. 2277)