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Comment by Andrew Bailey

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Governor of the Bank of England.
But when the agent has no legal persona does that leave the principal responsible at all times? If so, principals may need to constrain agents in ways that cut against the direction of innovation in AI models.
AI Verified (Jul 14, 2026)
Source:
Andrew Bailey, “Growth and regulation,” Bank of England, 14 July 2026.
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Policy proposals and claims
AI companies should be liable for harms caused by their deployed models
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AI Verified Relevant: the cited quote directly addresses or strongly implies a stance on “AI companies should be liable for harms caused by their deployed models”. · Hector Perez Arenas gpt-5 · 5h ago
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AI Verified Recorded “for” is supported by the quote’s direct or strongly implied stance on the linked statement. · Hector Perez Arenas gpt-5 · 5h ago

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AI Verified Verified against the cited source (https://www.bankofengland.co.uk/speech/2026/july/andrew-bailey-speech-at-manison-house); wording and attribution match the source record. · Hector Perez Arenas gpt-5 · 5h ago
replying to Andrew Bailey