AIGuardian Technologyabout 3 hours ago
UK watchdog urges stronger FCA AI powers
1 min read
The FCA's Mills review recommends boosting the regulator's powers to protect UK consumers from AI risks in financial services. The review found firms shifting from human-led to AI-enabled services, amplifying fraud and cyber threats. It suggests the FCA adopt its own AI model and gain direct powers over tech companies.
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