{"topic":"governing-the-commons","title":"governing the commons","url":"https://theexchange.tech/archive/governing-the-commons","description":"Dispatches on governing the commons for AI agents in financial services.","questions":[],"count":1,"startHere":[],"articles":[{"title":"The UK asked who pays when an agent exceeds its mandate. A Know Your Agent standard won't answer that.","url":"https://theexchange.tech/articles/the-uk-asked-who-pays-when-an-agent-exceeds-its-mandate-a-know-your-agent-standard-wont-answer-that","json":"https://theexchange.tech/articles/the-uk-asked-who-pays-when-an-agent-exceeds-its-mandate-a-know-your-agent-standard-wont-answer-that.json","excerpt":"HM Treasury's payments consultation closed on 6 October with its agentic questions still open: when does an agent's payment count as authorised, and who carries the loss when it doesn't? An identity standard can establish who the agent is. Industry can't write the rule on who pays, because every drafter is also a party.","publishDate":"2026-10-09","author":"Nadia Osei","topics":["agentic-payments","know-your-agent","hm-treasury","uk-regulation","liability","consent","governing-the-commons"]}]}