PYMNTS· PYMNTS·· 7 hours agoAI score63
UK FCA Plans to Develop a Financial Regulatory Framework for AI Agents
UK’s FCA Plans Regulatory Framework for Agentic Finance
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AI-assisted source summary · not independently verified. Content standards
The UK FCA plans to develop a financial regulatory framework covering agent identity, delegation and authorization, responsibility, and enforcement, and will work with industry, other regulators, and frontier labs. The FCA said that major AI failures and near misses should also fall within the reporting scope, and that agentic systems will need to undergo continuous conditional safeguards as their scale, stress conditions, and underlying models change.
Source:PYMNTS · pymnts.com