The regulator has certain powers and tools it can use to protect consumers, support market integrity, promote competition, and facilitate the UK’s international competitiveness. But not everything is within its remit.
The UK’s financial regulator has listed a number of regulatory changes that it says are needed for it to become a better regulator. It has also highlighted issues that are outside its current regulatory perimeter but can create potential challenges.
The FCA says technological advances and the adoption of AI
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