A monthly summary of regulatory developments in the UK. A pdf version and copies of the weekly update can also be found here. Summary Headlines and Activity Financial Conduct Authority (FCA)
AI supervision: AI-focused regulatory engagement expanded, including a long-term review into AI and retail financial services and activity under a “Supercharged Sandbox” format, signalling sustained supervisory attention on AI design choices, governance and consumer outcomes in retail propositions. AI live testing: Applications opened for the next round of AI Live Testing, positioning controlled real-world testing, validation and regulatory input as a preferred route for safer AI deployment in regulated environments. Open banking pricing: Competition-law clarification on open banking commercial variable recurring payments (cVRPs) supported continued industry development of pricing and governance models, with monitoring and potential revision routes set out if wider legislative frameworks did not ...
In order to access this content ROAR Plus membership is required.
Join or add this to your existing account here.