SBS

Mediators involved in talks over Iran's nuclear program are urging Tehran to make concessions, according to a Wall Street Journal report carried by SBS. The push comes amid growing fears that the standoff over Iran's nuclear activities could escalate into an all-out war. The mediation effort reflects mounting international pressure on Iran to compromise before tensions boil over further.

The Conference of State Bank Supervisors has announced a new AI supervisory framework covering state-chartered banks and nonbank financial institutions. The framework is intended to guide how state regulators oversee the use of artificial intelligence in financial services, adding to growing regulatory attention on AI across the US financial sector.