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Artificial Intelligence › Risk Assessment › Bank of England

Goodwin

AI and Financial Stability: Questioning Tech-Agnostic Regulation in the UK?

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In our previous alert we mentioned a joint letter from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) to the UK Government on their strategic approach to artificial intelligence (AI) and...more

A&O Shearman

Bank of England Establishes Artificial Intelligence Consortium

A&O Shearman on

The Bank of England has announced the establishment of an Artificial Intelligence consortium. Its purpose is to provide a platform for public-private engagement to gather input from stakeholders on the capabilities,...more

Latham & Watkins LLP

AI in UK Financial Services - What’s on the Horizon?

Latham & Watkins LLP on

As regulatory thinking evolves, firms must ensure that any current or planned use of AI complies with regulatory expectations. As financial services firms digest FS2/23, the joint Feedback Statement on Artificial...more

Goodwin

Further Light on Generative AI and UK Financial Services Regulation

Goodwin on

In our previous alert, we noted the speech made by Nikhil Rathi, CEO of the UK Financial Conduct Authority (FCA), which built on the points made in a joint paper published by the Bank of England (BoE) and FCA on artificial...more

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