BUSINESSJul 6 · 11:11 UTCTHE GUARDIAN TECHKalyeena Makortoff Banking correspondent

Boost City regulator’s powers to help protect UK consumers from AI, says watchdog

The Financial Conduct Authority (FCA) has called for stronger regulatory powers to protect UK consumers from AI-related risks, including cyber-crime and fraud, as AI reshapes financial services by 2030. The review highlights a shift from human-led to AI-enabled services in the sector.

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Financial Conduct AuthorityorganizationMills reviewtopicAItopicCyber-crimetopicfraudtopicfinancial servicestopic

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