Current approach to AI in financial services risks serious ...
9 hours ago · The Bank of England, the Financial Conduct Authority (FCA) and the Treasury are exposing the public and the financial system to potentially serious harm due to their current positions …
UK exposed to ‘serious harm’ by failure to tackle AI risks ...
10 hours ago · Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sector Consumers and the UK financial system are being exposed to “serious harm” …
Stop ignoring AI risks in finance, MPs tell BoE and FCA
10 hours ago · The House of Commons Treasury committee urged the Treasury, the Bank of England and the Financial Conduct Authority to be more “proactive” about the rising use of AI by more than …
UK financial system ‘may not be prepared enough for major AI ...
10 hours ago · The Treasury Select Committee said it had received a ‘significant volume of evidence’ about AI’s risks to financial services consumers.
UK financial regulators exposing public to ‘potential serious ...
9 hours ago · The Treasury Committee said 75% of UK financial services firms are using AI. It acknowledged that AI “ could bring considerable benefits to consumers”, but warned that action is …
The AI Tightrope: Why UK Lawmakers are Sounding the Alarm on ...
10 hours ago · The AI Tightrope: Why UK Lawmakers are Sounding the Alarm on Financial System Risks 20/01/2026 user 0 Tagged AI governance, algorithmic trading, Bank of England, explainable …
UK financial system exposed to ‘serious harm’ from AI risks
The Treasury, the financial watchdog and the Bank of England have been handed a stiff warning that the nation’s financial system is not adequately prepared for an AI shock. A group of ...