Treasury Select Committee recommendations on use of AI in financial services

This report from the Treasury Select Committee was published part of its ongoing inquiry into the use of artificial intelligence (AI) in financial services in the UK.

It examines rates of adoption and current uses of AI across the financial services sector, identifies gaps in knowledge, deployment, regulation and security that pose a risk to businesses and customers, and details actions being taken by the Bank of England, FCA, HM Treasury and others to support the safe and responsible use of AI in financial services.

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