UK regulators explore Artificial Intelligence and Machine Learning

The Bank of England, PRA and FCA published a discussion paper on the use of artificial intelligence (AI) and machine learning (ML) on 11 October. 

The discussion paper aims to respond to the AI Public-Private Forum final report and gather further feedback on the regulators’ views of the risks and benefits of the use of AI as well as how the current regulatory framework applies to AI and ML.

Download this At a glance to see our summary of the response and what firms need to do.

 

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Leigh Bates

Partner, Global AI Trust Leader, PwC United Kingdom

Tel: +44 (0)7711 562381

Peter El Khoury

Head of Banking Prudential Regulation & FS Digital Partner, PwC United Kingdom

Tel: +44 (0)7872 005506

Chris Heys

Partner, PwC United Kingdom

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Conor MacManus

Director, PwC United Kingdom

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Hugo Rousseau

Manager, PwC United Kingdom

Tel: +44 (0)7484 059376

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