LONDON, June 30 : More sophisticated regulatory frameworks may be needed to monitor and contain the risks AI poses to the financial system, one of the Bank of England's deputy governors said on Tuesday.Speaking at the European Central Bank Forum on central banking in Portugal, Sarah Breeden, deputy governor f

Bank of England deputy governor Sarah Breeden warns autonomous AI agents could cause market herding and systemic risk, signaling stricter regulation ahead.

LONDON, June 30 : The Bank of England on Tuesday signalled the need for bespoke AI regulation to contain risks to the financial system posed by increasingly capable agentic…