AI: artificial intelligence in financial services

Article ID: fe6e586b189746234f38a49c387a0d520fd63785a00732b395a04734775e03f9

Source ID: regulatory:fca.org.uk

Published At: -

Extraction Method: trafilatura

URL: https://www.fca.org.uk/firms/ai-financial-services

Body Text

Find the right support for you
Collaborate with us through our AI Lab
Develop, test or experiment with your AI solutions for financial services in a safe environment.
Explore our AI LabOur approach to AI
Check how our frameworks apply to your firm's use of AI, and how we're using it to become a smarter regulator.
How our rules apply to AIAI Live Testing
We're launching a safe place for firms to test AI systems in real-world conditions, with appropriate regulatory support and oversight.
Find out moreWorking with you on AI
Key milestones as we collaborate with you to understand how UK financial markets are changing with AI.
Pre 2024
We carry out research on AI in UK financial services.
2024
Our AI Lab launches and we publish our approach to AI.
January 2025
We host AI Lab showcase events and testing with partners.
May 2025
AI Consortium, Live Testing and Supercharged Sandbox launch.
Coming soon
We'll continue to build and deliver our AI Lab.
84% of firms have an individual accountable for their AI approach.
Over 200 firms helped by our AI testing and machine learning services.
Cybersecurity is the biggest perceived risk among firms.

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