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Written question asked by Lord Taylor of Warwick (Non-affiliated) on Thursday, 2 July 2026, in the House of Lords. It was due for an answer on Thursday, 16 July 2026. It was answered by Lord Livermore (Labour) on Thursday, 16 July 2026 on behalf of the Treasury.

Financial Markets: Artificial Intelligence

Question

To ask His Majesty's Government what assessment they have made of the risks to financial stability arising from the increasing use of artificial intelligence agents in financial markets.

Answer

The Government’s ambition is to make the UK a global leader in AI. Encouraging safe adoption is an essential part of realising that ambition. We will continue to work closely with regulators and industry to ensure innovation proceeds safely and responsibly and that any risks to financial markets are identified and mitigated.

The Bank of England’s Financial Policy Committee (FPC) is responsible for identifying, monitoring and taking action to remove or reduce systemic risks to the UK financial system. The FPC’s April 2025 Financial Stability in Focus publication set out potential risks to financial stability that could result from increasing AI use, including market related risks, and their response to these.

Secondary information

Type
Written question
Reference
HL1610
Session
2026-27
Subjects
Finance Financial markets Artificial intelligence
Link
View this Written question on www.parliament.uk