AI on trial: FCA's Live Testing opens new path for advisers

Offering regulated firms a controlled space to trial advanced technologies

Sahar Nazir
clock • 7 min read

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA ESG ratings consultation reignites concerns over 'inconsistent' scores

FCA ESG ratings consultation reignites concerns over 'inconsistent' scores

‘Inconsistency in ESG ratings is definitely an issue’

Sahar Nazir
clock 03 December 2025 • 3 min read
'Sector no longer in reactive mode': RMAR data paints stabilising picture

'Sector no longer in reactive mode': RMAR data paints stabilising picture

'Still adapting to the after-effects of Consumer Duty'

Chris Davies
clock 03 December 2025 • 4 min read
Budget tax-free cash rumour aftermath: 'Our job is to dampen panic, not monetise it'

Budget tax-free cash rumour aftermath: 'Our job is to dampen panic, not monetise it'

Advisers reveal how much damage the speculation caused

Isabel Baxter
clock 02 December 2025 • 4 min read