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The FCA has finally woken up to the AI revolution
The FCA-commissioned Mills Review marks a significant regulatory shift, moving away from a hands-off approach to AI agents making financial decisions
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cryptobriefing.com
UK government warns regulators face arms race with AI in finance
FCA CEO Nikhil Rathi warns of an arms race between regulators and AI in financial services, with over 80% of firms already using AI and current frameworks
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cityam.com
FCA eyes tougher AI rules as Brits turn to chatbots for financial advice
The Financial Conduct Authority (FCA) has called for tougher oversight of artificial intelligence as usage of the technology accelerates.
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The FCA has finally woken up to the AI revolution
The FCA-commissioned Mills Review marks a significant regulatory shift, moving away from a hands-off approach to AI agents making financial decisions
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Finally, a regulator is ahead of the curve on AI
More and more Brits are investing thanks to AI, so the FCA's proposal to embrace that makes complete sense, writes Carl Hazeley.