ReferIndia News AI Regulation in Finance: The FCA's Call for Action

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AI Regulation in Finance: The FCA's Call for Action

Published on: July 6, 2026, 9:51 p.m. | Source: Devdiscourse

The UK's Financial Conduct Authority has been urged to consider regulating AI language models like ChatGPT and Gemini due to their impact on consumer financial decisions. A review highlights AI's growing role, system-wide risks, and the need for evolving regulations as AI technology adoption increases in financial services.

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