voices facilitating identity theft, etc. the list of threats is long, even though technology can also be used to counter these attacks. second, and more generally, the growing deployment of ai could further increase the'technical interconnections'within the financial system, where technologies, systems and suppliers are intertwined in an increasingly complex set of interdependencies, making it easier to transfer a vulnerability from one system to another. this is one of the key reasons behind the european dora regulation, which will come into force in january 2025. this brings me to the regulatory framework for ai in the financial sector. 3 / faced with the risks of ai, and to enable the financial sector to take full advantage of its opportunities, we need to build effective regulation. the move towards a regulatory framework has already begun : with its ai act, the european union has adopted the world's first legal framework and laid the foundations for'trustworthy ai '. to this end, the regulation distinguishes between several levels of risk, within which'high risks'- which form the core of the text - will apply to the financial sector in at least two respects : customer worthiness assessment when granting credit to individuals ; and the assessment and pricing of health and life insurance. although the text focuses above all on the fundamental rights of citizens, the financial supervisor must also take account of other objectives : financial stability, aml / cft, etc. the european legislator has clearly seen the need to link the cross - sectoral objectives of the text with the specific objectives of financial regulation : it has therefore entrusted the role of'market surveillance authority to the supervisory authorities of the financial sector for financial use cases. this is a wise choice, as it will allow the best possible coordination of the implementation of sectoral and crosssectoral legislation, with the help - when the time comes - of guidelines from the european supervisory authorities. in any event, on the basis of the work it has been carrying out on ai for several years now, the acpr is ready to exercise the new role that the ai act is set to confer on it. 3 / 4 bis - central bankers'speeches however, we do not intend to perform this role in isolation : on the contrary, i believe we need to develop effective coordination to provide a framework for the use of ai. first, at the european level, where i would like to see the rapid creation of a common methodology for auditing ai systems in the financial sector

global economy and finance, the g20 has replaced the g7. this means that henceforth all the emerging countries as well as the industrialised countries with a systemic influence at the global level bear full responsibility for the governance of the integrated global economy. how do you envisage this governance developing in the medium and long term? governance today is still founded on the notion of sovereign states in a “ westphalian ” world, which does not correspond to the new governance needs of an integrated global economy. the big challenge right now is to speed up the move to a system of global governance that fits the new world that we have created over time, in particular over the past 20 years following the collapse of the soviet empire and the conversion of large emerging countries to the market economy. what is your view on the current economic situation in france? france, like all of the other european countries, is asked to subject itself to a very sizeable fiscal consolidation exercise. this will help to engender confidence and thus to consolidate the recovery and, in turn, create jobs. like all euro area countries, france is encouraged to continue to actively implement reforms. the euro area as a whole can and must increase its potential for growth and job creation. the extensive reforms that have been undertaken in all countries, such as the pension reform in france, are needed. they are a step in the direction of fiscal responsibility and the smoother functioning of the european economy, and of the french economy, and will lead to more growth and jobs.