The U.K.’s financial regulator has set up a live-testing environment so that firms can road-test their Artificial Intelligence (AI) services safely before launching them to the public.

The Financial Conduct Authority’s (FCA) AI Live Testing initiative provides participating financial services firms with a safe space in which they can develop their AI products with compliance front of mind, so that they can better identify and mitigate potential risks to consumers and financial markets.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...