AI and the future of retail financial services (The Mills Review) - FCA
AI could reshape the sector by 2030 – changing how firms operate, consumers make decisions, markets compete and risks emerge. AI could improve ...
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Rethinking regulation for the age of AI - FCA
With banks already piloting tokenised deposits, which could reduce friction and fraud risks in processes like home buying. And on Monday, we approved ...
Re-thinking regulation for the age of AI | FCA
Helping firms and markets navigate technological change, and working more collaboratively and creatively to understand emerging risks . Even acting ...
AI Live Testing: How it can support safe and responsible AI deployment | FCA
We distinguish between the AI system and the AI model. That's because we think the risks and benefits of an AI use case can only ever be understood in ...
Review into the long-term impact of AI on retail financial services (The Mills Review) | FCA
AI adoption in financial services also introduces growing risks , including sophisticated AI -enabled fraud and identity abuse, algorithmic bias ...
FCA helps firms to test AI safely
The FCA is working with major firms to test AI in a safe place to better understand the potential benefits and risks .
AI Live Testing: The use of AI in UK financial markets - from promise to practice | FCA
The promise of AI · Smarter decision-making: Models can process huge volumes of data to assess risk , automate compliance, and tailor financial products ...