FCA to automate supervision with AI, with no new rules for chatbots
The UK's Financial Conduct Authority (FCA) said on October 14–15 that it will automate supervision with AI and, for now, will not create new rules for chatbots. The AI Live Testing service launched in December 2025, and NatWest, Monzo, Santander and Scottish Widows took part in the first round.
Who is affected and how
- banking professional
- Compliance is judged under existing rules rather than new chatbot rules, so it is worth documenting internal controls.
- fintech company
- AI Live Testing remains a way to trial AI products.
Sources
- FCA Plans to Automate Supervision With AI, Holds Off on Rules for Chatbots – CoinSpectator – Real-time Cryptocurrency Newscoinspectator.com · Oct 15, 2026
- The UK's Watchdog Plans to Automate Supervision With AI, Holds Off on Rules for Chatbots — TradingView Newstradingview.com · Oct 15, 2026
- FCA to automate supervision with AI, rules out new AI rulebook - BitRss - Crypto World Newsbitrss.com · Oct 15, 2026
- FCA plans to embrace AI to automate financial regulationfinancial times · Oct 14, 2026
- UK FCA outlines AI strategy for financial regulation and supervision — AI Coverageaicoverage.org · Oct 15, 2026
- FCA goes “agentic” with automated supervision and no new AI rules - Cryptopolitancryptopolitan.com · Oct 15, 2026
- FCA plans to automate supervision with agentic AI toolsresultsense.com · Oct 16, 2026
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