# Advanced AI threatens global financial stability, says Bank of England boss > Source: > Published: 2026-08-31 06:00:17+00:00 # Advanced AI threatens global financial stability, says Bank of England boss By Simon GoodleySource: [The Guardian Technology](https://www.theguardian.com/us/technology)Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’ The 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. In 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”. [Continue reading...](https://www.theguardian.com/business/2026/aug/31/advanced-frontier-ai-financial-stability-andrew-bailey-g20) Get AI news in your inbox Daily digest of what matters in AI.