Bank of England deputy governor Breeden said on Tuesday the bank may need dedicated regulation for agentic AI to curb risks to the financial system, marking a possible shift from its prior stance that existing rules are sufficient. He said rapid deployment of agentic systems in payments and trading has exposed regulatory gaps and could require more granular, complex measures; agentic AI can act and make decisions autonomously, and requiring human-in-the-loop oversight for every action may be imp

2026-06-30

Bank of England deputy governor Breeden said on Tuesday the bank may need dedicated regulation for agentic AI to curb risks to the financial system, marking a possible shift from its prior stance that existing rules are sufficient. He said rapid deployment of agentic systems in payments and trading has exposed regulatory gaps and could require more granular, complex measures; agentic AI can act and make decisions autonomously, and requiring human-in-the-loop oversight for every action may be impractical.