MPs have called on the FCA to produce a practical guide for financial services firms to help them apply rules on the use of ...
The regulators in the U.K. are being cautioned that their existing approach to artificial intelligence in financial services ...
The current approach to AI in financial services risks "serious harm" to consumers and the wider system, the report argues.
The Bank of England, the Financial Conduct Authority and the Treasury risk exposing consumers to serious harm by taking a ...
The Financial Conduct Authority, Bank of England and HM Treasury are adopting a “wait-and-see approach” to AI in financial ...
The hands-off approach to regulating artificial intelligence (AI) in financial services could be causing harm to consumers, ...
The Bank of England (BoE), the Financial Conduct Authority (FCA) and the Treasury have been told by MPs they are not doing enough to manage the risks presented by the increased use of artificial intel ...
The FCA made clear that the new rules mean that serious, substantiated cases of NFM should be reported as Conduct Rule breaches and mentioned in regulatory references. The FCA's expectation is that ...
The government has doubled down on its decision to cut the cash Isa limit for under-65s in response to concerns from the ...
Bank of England Gov. Andrew Bailey fielded a question on Tuesday about Greenland at a Treasury select committee hearing. He didn't comment specifically on Greenland but said he's been surprised both ...