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UK regulator warns of "arms race" to keep up with AI use in financial services

Ars Technica • Mon, 06 Jul 2026

UK regulator warns of "arms race" to keep up with AI use in financial services

FCA official makes case for greater powers for watchdog as millions use technology for personal finance decisions.

What happened?

FCA official makes case for greater powers for watchdog as millions use technology for personal finance decisions.

Story details

FCA official makes case for greater powers for watchdog as millions use technology for personal finance decisions.

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Original source

https://arstechnica.com/ai/2026/07/uk-regulator-warns-of-arms-race-to-keep-up-with-ai-use-in-financial-services/