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Financial Conduct Authority (FCA) Algorithms United Kingdom

Cooley LLP

UK Regulators Share Views on Artificial Intelligence and Machine Learning Regulation

Cooley LLP on

On 1 February 2024, the UK government’s Department for Science, Innovation and Technology and His Majesty’s Treasury addressed a joint letter to the Bank of England (BoE) and the Prudential Regulation Authority (PRA)...more

WilmerHale

AI and Algorithms in Financial Services - Future Areas of Focus

WilmerHale on

Artificial intelligence (AI) and algorithmic models are used extensively in the financial services sector across a broad range of business areas. Two-thirds of respondents to a survey conducted jointly by the UK’s Prudential...more

McDermott Will & Emery

Awaiting Regulation of AI in Insurance

With the recent news that the Association of British Insurers (ABI) has called for new rules to reflect the increased use of AI and machine learning in the insurance industry, comes a reminder that there is still a...more

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