mlsanityData to 7 Oct 2026

Compliant with Local Controls, Collectively Discriminatory. A Governance Architecture for Multi-Agent AI in Regulated Finance

arXiv 2609.27994 ↗First posted 23 Sep 2026cs.MA cs.AIcited by 0

On the map: LLM agents and tool use → Financial trading and forecasting agents

Abstract (arXiv)

Financial institutions are beginning to deploy agentic workflows in credit, fraud, collections, compliance, and operational control. Governance remains largely component-centric: each model or agent is specified, tested, authorized, and monitored locally. That is insufficient when institutional risk arises from the joint behavior of many locally acceptable components. We call this gap constitutional non-compositionality: local compliance checks need not compose into acceptable collective outcomes such as bounded disparate impact, market integrity, or traceable accountability. We propose ARIA as a finance-specific reference architecture and falsifiable research agenda for agent-population governance. It organizes six capabilities across normative-accountability, execution-control, and assurance-learning planes: policy specification, population-level observed-versus-expected behavior monitoring (M2), bounded authority, runtime containment, adaptive policy change, and preserved human oversight competence. Two simulations illustrate shared-signal thin-file exclusion under local controls and earlier warning from observed-versus-expected distributional monitoring in a constructed drift regime. The contribution maps these controls to fair-lending, EU AI Act, model-risk, and conduct-supervision evidence needs, and closes with a validation agenda rather than a production-effectiveness claim.

Key facts. No citing papers in the map yet (data through 7 Oct 2026). Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use. Builds on 17 of its 41 references that are in the map. First posted on arXiv 23 Sep 2026.

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17 of 41 references.

References · 17

  1. 2023Let's Verify Step by Stepcited by 3,598
  2. 2022Constitutional AI: Harmlessness from AI Feedbackcited by 2,950
  3. 2020Artificial Intelligence, Values and Alignmentcited by 443
  4. 2024Alignment faking in large language modelscited by 316
  5. 2024Deliberative Alignment: Reasoning Enables Safer Language Modelscited by 292
  6. 2024Collective Constitutional AI: Aligning a Language Model with Public Inputcited by 120
  7. 2024Secret Collusion among AI Agents: Multi-Agent Deception via Steganographycited by 107
  8. 2024Algorithmic Collusion by Large Language Modelscited by 54
  9. 2025Levels of Autonomy for AI Agentscited by 45
  10. 2025AgentMisalignment: Measuring the Propensity for Misaligned Behaviour in LLM-Based Agentscited by 22
  11. 2026Runtime Governance for AI Agents: Policies on Pathscited by 17
  12. 2025Fairness in Agentic AI: A Unified Framework for Ethical and Equitable Multi-Agent Systemcited by 5
5 more
  1. 2025Emergent Bias and Fairness in Multi-Agent Decision Systemscited by 5
  2. 2025Everyone Contributes! Incentivizing Strategic Cooperation in Multi-LLM Systems via Sequential Public Goods Gamescited by 4
  3. 2025Responsibility Gap and Diffusion in Sequential Decision-Making Mechanismscited by 2
  4. 2026When Stress Becomes Signal: Detecting Antifragility-Compatible Regimes in Multi-Agent LLM Systemscited by 2
  5. 2026When Not to Automate: A Formal Protocol for Human Preservation in AI-Optimized Organizationscited by 1

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  4. 2026Agent Security Meets Regulatory Reality -- A Practitioner Systematization of Autonomous-Agent Threats and Controls in Regulated Financial Systems
  5. 2026Governance at the Boundary: How Agent Decomposition Degrades Policy Compliance
  6. 2025Agentic AI for Financial Crime Compliance
  7. 2025Governance-as-a-Service: A Multi-Agent Framework for AI System Compliance and Policy Enforcement
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