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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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