Source · Select Committees · Financial Services Regulation Committee
Recommendation 19
19
Paragraph: 105
The continued development and integration of new technologies, such as digital assets and AI, into...
Conclusion
The continued development and integration of new technologies, such as digital assets and AI, into the financial services sector may alter how sections of this industry function. We are concerned by evidence to suggest that the UK regulators may not be addressing this as speedily as they should. The FCA and the PRA must do more to facilitate innovation, providing certainty and clarity to empower firms to use AI, or to develop new products and technologies.
Paragraph Reference:
105
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗