Sahar Nazir investigates the FCA’s artificial intelligence (AI) Live Testing initiative and talks to the experts about the regulator’s next moves…
The Financial Conduct Authority (FCA) launched an artificial intelligence (AI) Live Testing initiative in April as part of its five-year plan to support the safe use of advanced technologies in financial services. The programme, which forms part of the regulator's broader tech-focused strategy, is designed to allow firms to test AI tools in a supervised environment. While primarily targeted at technology developers and fintechs, the initiative carries significant implications for financial advice firms. Many advisers remain cautious about integrating AI due to regulatory uncertainty a...
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