FCA AI Strategy

The Financial Conduct Authority's AI strategy is the UK financial regulator's published approach to AI supervision, emphasising existing rules over new AI-specific legislation.

What is FCA AI Strategy?

The FCA's strategy treats AI as another technology that must comply with existing principles: senior management responsibility under the SMCR, consumer duty, operational resilience, market conduct, and data protection. The FCA runs a sandbox, a digital sandbox, and AI-specific cross-regulator initiatives with the Bank of England and PRA. The UK approach is principles-led rather than the EU's prescriptive horizontal regulation.

How does FCA AI Strategy apply to enterprise AI?

AI vendors selling into UK financial services should map controls to the consumer duty and operational resilience frameworks rather than expecting an FCA equivalent of the EU AI Act.