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UK Financial Conduct Authority calls for expanded powers to oversee AI risks in financial services
The UK Treasury Select Committee urges FCA to adopt AI-specific stress testing and consumer protections as over 75% of financial firms already deploy AI.
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UK Financial Conduct Authority warns of regulatory challenges in AI arms race
FCA CEO Nikhil Rathi warns over 80% of UK financial firms use AI as regulators struggle to keep pace, with implications for crypto and digital asset
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UK Financial Conduct Authority calls for expanded powers to oversee AI risks in financial services
The UK Treasury Select Committee urges FCA to adopt AI-specific stress testing and consumer protections as over 75% of financial firms already deploy AI.
