Artificial intelligence (AI) in RegTech is being used as part of FinTech in areas such as: risk management modelling and forecasting; surveillance of employee behavior; know your client, anti‐money laundering, and fraud detection; compliance chatbots; regulatory radar of new regulations, assessing applicability, and flagging for interpretation; and surveillance by regulators. Common law courts developed the concept of tort, whereby all persons owe duties of care in relation to any breaches of such duties that could reasonably result in losses to third parties. Liability allocation is often sought to be contractually modified between the parties, and addressed through insurance coverage. Civil liability of parents for minors and of owners of domestic animals provide some analogies to an AI agent acting independently from its human developers and trainers. This chapter addresses six key issues to forge a responsibility and liability framework in the AI era, and some are especially important to RegTech AI.