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

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

The Guardian · 2 days ago

FCA’s review into how tech will reshape financial services warns about amplified risks of cyber-crime and fraudBusiness live – latest updatesMinisters have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a landmark review.The Mills review by the Financial Conduct Authority (FCA), which looked at…

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