{"slug": "advanced-ai-threatens-global-financial-stability-says-bank-of-england-boss", "title": "Advanced AI threatens global financial stability, says Bank of England boss", "summary": "Bank of England governor Andrew Bailey, chair of the international Financial Stability Board, warned G20 finance ministers and central bank governors in a letter that frontier AI models pose a threat to global financial stability due to their increasingly sophisticated autonomy, problem-solving abilities, and threat capabilities, including the risk of cyber-disruption spreading across jurisdictions.", "body_md": "# Advanced AI threatens global financial stability, says Bank of England boss\n\nBy Simon GoodleySource:\n\n[The Guardian Technology](https://www.theguardian.com/us/technology)Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’\n\nThe Bank of England’s governor, Andrew Bailey, has joined the throng of figures warning about the global risks posed by the most advanced [artificial intelligence](/glossary/artificial-intelligence) technology.\n\nIn a two-page letter sent to international finance ministers and central bank governors as part of his role as chair of the international Financial Stability Board (FSB), Bailey said “frontier” AI models were “showing increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities”.\n\n[Continue reading...](https://www.theguardian.com/business/2026/aug/31/advanced-frontier-ai-financial-stability-andrew-bailey-g20)\n\nGet AI news in your inbox\n\nDaily digest of what matters in AI.", "url": "https://wpnews.pro/news/advanced-ai-threatens-global-financial-stability-says-bank-of-england-boss", "canonical_source": "https://www.machinebrief.com/news/advanced-ai-threatens-global-financial-stability-says-bank-o-kawi", "published_at": "2026-08-31 06:00:17+00:00", "updated_at": "2026-08-31 06:51:55.349424+00:00", "lang": "en", "topics": ["ai-safety", "ai-policy"], "entities": ["Andrew Bailey", "Bank of England", "Financial Stability Board", "G20"], "alternates": {"html": "https://wpnews.pro/news/advanced-ai-threatens-global-financial-stability-says-bank-of-england-boss", "markdown": "https://wpnews.pro/news/advanced-ai-threatens-global-financial-stability-says-bank-of-england-boss.md", "text": "https://wpnews.pro/news/advanced-ai-threatens-global-financial-stability-says-bank-of-england-boss.txt", "jsonld": "https://wpnews.pro/news/advanced-ai-threatens-global-financial-stability-says-bank-of-england-boss.jsonld"}}