The Committee believes that the financial services regulators are not doing enough to manage the risks presented by AI.

Abcul and BSA CEOS address the Treasury Select Committee to highlight ways to grow the UK credit union and building society ...

The UK Treasury Select Committee has published a report on AI in financial services. The report expresses concerns that the Bank of England, the ...

The regulators in the U.K. are being cautioned that their existing approach to artificial intelligence in financial services ...

UK MPs warn regulators’ hands-off stance on AI in finance risks consumer harm, fraud, and systemic shocks as adoption ...

“Worrying” evidence that the UK’s financial system should be more prepared for the risks of AI-driven market shocks has been highlighted by an influential committee of MPs. Not enough is being done by ...