25/11/2025 (Agence Europe) – On Tuesday 25 November, with 426 votes in favour, 182 against and 39 abstentions, MEPs adopted a resolution drafted by Arba Kokalari (EPP, Swedish) on the use of artificial intelligence (AI) in the EU financial sector. The European Parliament believes AI has significant potential in fraud detection, personalised advice, transaction monitoring and the analysis of environmental, social and governance (ESG) data. However, MEPs identified significant risks, such as data bias, opaque models, over-dependence on a few technology providers, cyber security threats and governance challenges. They recommend updating the EU’s surveillance tools, without increasing the regulatory burden. “No new legislation is needed for the use of AI in the financial sector. (...) Instead, existing rules must be clarified, made less bureaucratic and enable investments”, Ms Kokalari said on Tuesday. See the resolution: https://aeur.eu/f/jmu (BD)