15th Report – Artificial intelligence in financial services
- HC No.
- HC 684
- Published
- 20 Jan 2026
- Items
- 0
- Response
- Response document linked Read government response ↗
Select Committee · Treasury Committee
AI in financial services
Status: Closed
Opened: 3 Feb 2025
Closed: 30 Apr 2026
1 report
Inquiry scope
The Committee is inquiring into how the UK financial services can take advantage of the opportunities in AI while mitigating any threats to financial stability and safeguarding financial consumers, particularly vulnerable consumers. Read the call for evidence to find out more about this inquiry.Reports
Oral evidence sessions
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| Date | Session and witnesses | Source |
|---|---|---|
| 4 Nov 2025 |
Oral evidence session
Catherine McCloskey · HM Treasury,
James Fairburn · HM Treasury,
Lucy Rigby KC · HM Treasury
|
View ↗ |
| 15 Oct 2025 |
AI in financial services
David Geale · Payment Systems Regulator,
Jessica Rusu · Financial Conduct Authority,
Jonathan Hall · Independent Reviewer of Terrorism Legislation,
Tom Mutton · Bank of England
|
View ↗ |
| 24 Jun 2025 | Professor Galina Andreeva · Societal Aspects of Credit, Professor Neil Lawrence · University of Cambridge, Professor Sandra Wachter · University of Oxford | View ↗ |
| 7 May 2025 | Amandeep Luther · Association of Financial Markets in Europe (AFME), David Otudeko · Association of British Insurers (ABI), Jana Mackintosh · UK Finance | View ↗ |
Who gave evidence
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| Witness | Organisation | Sessions |
|---|---|---|
| Amandeep Luther · Artificial Intelligence lead | Association of Financial Markets in Europe (AFME) | 1 |
| Catherine McCloskey · Deputy Director Financial Services Strategy | HM Treasury | 1 |
| David Geale · Managing Director | Payment Systems Regulator | 1 |
| David Otudeko · Director of Regulation | Association of British Insurers (ABI) | 1 |
| James Fairburn · Deputy Director Financial Stability Strategy and Analysis | HM Treasury | 1 |
| Jana Mackintosh · Managing Director, Payments and Innovation | UK Finance | 1 |
| Jessica Rusu · Chief Data, Information and Intelligence Officer | Financial Conduct Authority | 1 |
| Jonathan Hall · Independent Reviewer of Terrorism Legislation | Independent Reviewer of Terrorism Legislation | 1 |
| Lucy Rigby KC · Economic Secretary to the Treasury | HM Treasury | 1 |
| Professor Galina Andreeva · Personal Chair | Societal Aspects of Credit | 1 |
| Professor Neil Lawrence · DeepMind Professor of Machine Learning | University of Cambridge | 1 |
| Professor Sandra Wachter · Professor of Technology and Regulation | University of Oxford | 1 |
| Tom Mutton · Director of Central Bank Digital Currency | Bank of England | 1 |
Correspondence
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Meetings & visits
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| Date | Type | Detail | Source |
|---|---|---|---|
| 14 Jan 2026 | Formal meeting (private meeting) | Report agreement: AI in Financial Services · The Wilson Room, Portcullis House |