FCA publishes good and poor practice on AI; Mills Review examines future of retail finance
The UK's FCA has published examples of good and weak practice in the use of AI in financial services, building on its AI Lab initiatives (AI Live Testing, Supercharged Sandbox). The Mills Review is examining AI and the future of retail financial services.
Who is affected and how
- fintech company
- AI Live Testing and the sandbox offer a way to trial AI products in a supervised environment.
Sources
- AI in financial services: good practice and areas for improvement | FCAfca.org.uk · Oct 5, 2026
- Spotlight On AI In Financial Services | Legal 500legal500.com · Oct 5, 2026
- The Mills Review: AI and the future of retail financial servicesstephenson harwood · Oct 7, 2026
- Tereina Brings Forward the Future of Financial Services, Starting with Embedded, Digital and Agentic Payments - Tereinatereina.com · Oct 7, 2026
- Agentic AI in financial services: How banks are…inkl.com · Oct 7, 2026
- FCA Mills Review: AI in Retail Financial Serviceslearnsignal.com · Oct 9, 2026
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