On 3 September 2026, Andrea Vivoli, Managing Director of the Central Bank of the Republic of San Marino, delivered a lecture as part of the 2nd Course on “AI Technology and Law” at the International School on Artificial Intelligence Technology and Law, organized in Erice by the prestigious Ettore Majorana Foundation and Center for Scientific Culture.
The lecture, held in the auditorium named after physicist Richard Feynman, explored the growing impact of artificial intelligence on the activities of central banks and financial supervisory authorities.
The presentation specifically focused on the dual role that authorities play today: on the one hand, as users of artificial intelligence and SupTech tools to make analysis, control, and supervision processes more effective; on the other, as entities tasked with evaluating and overseeing the use of AI by supervised financial intermediaries.
During the session, several key areas of AI application in financial supervision were also highlighted, including data analysis, early risk detection, automated document processing using NLP algorithms, and support for monitoring activities. Particular attention was devoted to governance, data quality, explainability, security, confidentiality, and the preservation of human accountability in decision-making.
CBSM’s contribution to the course is part of a broader international dialogue on the evolution of artificial intelligence and its technological, legal, ethical, and regulatory implications. The School’s program brought together experts from various disciplinary and institutional backgrounds to discuss the opportunities, risks, and governance models of AI.
The initiative also provided an opportunity to discuss the role that public authorities are called upon to play in promoting the adoption of artificial intelligence in a manner consistent with the principles of reliability, transparency, accountability, and the protection of financial system stability.
