Assurances on AI agents still lacking, UK FCA chief says, urging global standards
By Patricia Figueiredo ( October 13, 2026, 14:38 GMT | Insight) -- Assurances that AI agents will always behave as expected are still lacking, the head of the UK’s Financial Conduct Authority told lawmakers Tuesday. Chief Executive Nikhil Rathi said any standards for frontier AI models before release would need to be global to work effectively, given the cross-border nature of unintended behavior. The watchdog said it's still considering whether AI requires changes to its regulatory perimeter or additional powers and its "thinking is still evolving."The UK’s Financial Conduct Authority said guarantees that AI agents deployed by financial services will behave as expected are still lacking....
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