LONDON, Jan 27 (Reuters) - The UK's Financial Conduct Authority on Tuesday launched a review into the impact of advanced artificial intelligence on retail financial markets and consumers.
The review, led by FCA Executive Director Sheldon Mills, will look at how the evolution of AI could affect markets and firms, including changes to competition and market structure, as well as the impact on consumers. Findings will go to the FCA board in mid‑2026. The regulator reiterated that it does not intend to introduce AI‑specific rules.
