# Demis Hassabis Proposes Wall Street-Style Referee for AI Google DeepMind CEO calls for global oversight in critical pre-AGI period. - **Source:** [The Next Web](https://brifing.si/source/afe24b20-b275-4c19-b9a6-8bb3c8babae7) - **Published:** 2026-07-14 - **Topic:** [Data & AI](https://brifing.si/c/data-ai) - **Original article:** - **On Brifing:** https://brifing.si/s/55306519-cecd-413f-a8e7-617d635a258b ## Global AI Oversight System Google DeepMind CEO Demis Hassabis proposed a Wall Street-style regulator to vet frontier AI models before release. Inspired by FINRA, the system would operate with a board of independent experts to evaluate advanced AI systems. ## From Voluntary to Mandatory Oversight Initially, labs would voluntarily submit models 30 days pre-release for testing cyberattack capabilities, biological/nuclear risks, and deception signs. The regime would gradually become mandatory as the system matures. ## Emergency Brake Mechanism The most striking proposal is a ratcheting mechanism to slow development pace as risks escalate. Hassabis suggests enabling 'coordinated slowdown among Frontier Labs when necessary' - an unusual suggestion from a lab CEO. ## 18-Month Critical Warning Hassabis characterizes current cyber risks as 'warning shots,' warning that far more dangerous biological and nuclear tools could emerge in open-source models within 18 months - risks governments couldn't recall. ## Growing Industry Demand for Regulation Anthropic's export ban and OpenAI's GPT-5.6 holdback amplified regulatory demands. Hassabis and Anthropic's Dario Amodei previously called for a US-led coalition at G7, though they differ on regulatory approaches. ## The Age of Thinking Sand Hassabis frames AGI as fundamental as fire or electricity: 'We've essentially found a way to make sand think - it's miraculous.' Yet questions remain whether labs-funded oversight can impartially halt profitable models. ## Sources covering this story - https://thenextweb.com/news/demis-hassabis-frontier-ai-standards-body-finra — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._