BoE speaks on agentic AI

Sarah Breedon has spoken on how agentic AI is helping to transform cyber risk, markets and payments, and how the BoE is using it. She considered:

• the drivers of transition and financial stability risks;
• the financial stability implications of an agentic system and how central banks should respond speaking of cyber capabilities, agentic trading in financial markets and agentic payments and commerce; and
• the need for strong policy frameworks, scenario analysis and cooperation to adapt to the transition.