The conduct regulator for UK financial services firms and markets, responsible for consumer protection, market integrity, and competition.
The FCA applies its existing outcomes-based framework, including the Consumer Duty and senior management accountability, to firms' use of AI, rather than introducing AI-specific rules. It has explored AI adoption in financial services jointly with the Bank of England and expects firms to govern AI risks within their existing risk-management and accountability obligations.
The conduct regulator for UK financial services firms and markets, responsible for consumer protection, market integrity, and competition.
The FCA applies its existing outcomes-based framework, including the Consumer Duty and senior management accountability, to firms' use of AI, rather than introducing AI-specific rules. It has explored AI adoption in financial services jointly with the Bank of England and expects firms to govern AI risks within their existing risk-management and accountability obligations.
Financial Conduct Authority (FCA) is a regulator in United Kingdom. Its official website is www.fca.org.uk.
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Free assessment, 3 minutes โThis page is general information about FCA's role in AI governance, not legal, regulatory, or professional advice, and does not capture every nuance or exception. Regulatory remits and expectations change. Always verify current requirements at FCA's official source above and with your own qualified legal counsel.