LONDON, July 6 : Britain should review whether large language models such as ChatGPT, Claude and Gemini should be regulated as general-purpose AI tools as they increasingly influence consumer financial decisions, a senior official said on Monday. Financial Conduct Authority Executive Director Sheldon Mills

The FCA’s Sheldon Mills says the UK should review whether general-purpose models like ChatGPT, Claude and Gemini need regulating as they shape money decisions.

LONDON, July 6 : Britain should review whether large language models such as ChatGPT, Claude and Gemini should be regulated as general-purpose AI tools as they increasingly…

LONDON, July 6 : Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because of their growing influence…

The UK's Financial Conduct Authority suggests regulating general-purpose AI models like ChatGPT and Claude, with significant implications for crypto firms.

The Financial Conduct Authority (FCA) has called for tougher oversight of artificial intelligence as usage of the technology accelerates.

FCA official makes case for greater powers for watchdog as millions use technology for personal finance decisions.

Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini

A UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini within its regulatory framework as their…