FCA to support firms to overcome challenges in implementing AI

In a speech today (17 October), FCA chief data, information and intelligence officer Jessica Rusu said this is part of the regulator's "ongoing commitment to innovation". The lab will be made up of four components: AI Spotlight, AI Sprint, AI Input Zone, and Supercharged Sandbox and testing. Rusu confirmed that the FCA aims to help firms overcome challenges they face in building and implementing AI solutions, as well as supporting the government's work on safe and responsible AI development. She said: "Our AI Lab will play a critical role by providing AI-related insights, discussio...