U.K. lawmakers push for guidance, rules around AI in financial services
By 
Neil Hodge2026-02-19T20:00:00
British lawmakers have warned that neither the U.K. government nor key financial regulators are doing enough to manage the risks presented by AI to consumers.
Members of the U.K. Parliament’s Treasury Committee added that by taking a “wait-and-see approach” to AI in financial services, the Financial Conduct Authority (FCA), the Bank of England, and the Treasury are exposing consumers and the financial system to “potentially serious harm”.
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