Financial Conduct Authority
The conduct regulator for UK financial services firms and markets, responsible for consumer protection, market integrity, and competition.
Its role in AI governance
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.
Key concepts
Frequently asked questions
What does FCA regulate?
The conduct regulator for UK financial services firms and markets, responsible for consumer protection, market integrity, and competition.
What is FCA's role in AI governance?
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.
What jurisdiction does FCA cover?
Financial Conduct Authority (FCA) is a regulator in United Kingdom. Its official website is www.fca.org.uk.
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