The Financial Conduct Authority Launches It’s New AI Lab

29 Oct 2024 12:24 PM

Recently, the Financial Conduct Authority (FCA) has launched an Artificial Intelligence (AI) Lab to help firms navigate the challenges of AI adoption.  

The Lab is intended to provides a hub for collaboration between the FCA and its stakeholders to readily access relevant insights, discussion and case studies on the adoption of AI, in turn promoting safer use of the technology in the financial services sector.  

Announced at the FCA’s Innovation 10th Anniversary event, the initiative is intended to reaffirm the FCA’s commitment to responsible innovation in the sector.  

The AI Lab has four components: 

Projects selected for the AI Spotlight webpage will also have the opportunity to take part in a Showcase Day at the FCA London office, 28 January 2025. Applications are now open. 

To find out more information, and how to apply to the AI Lab and the opportunities set out above, see here. 

Financial Services Programme activities

The techUK Financial Services programme connects tech firms, the FS industry, and regulators to ensure innovation and technology can be fully embraced. Through market engagement activities and events, we help to empower decision makers and aid collaboration.

Join our Digital Asset Working Group

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