The UK FCA warns that financial AI regulation is facing an "arms race" and seeks new powers to regulate models like ChatGPT
By: www.chaincatcher.com|2026/07/06 20:45:00
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According to the Financial Times, the UK's Financial Conduct Authority (FCA) has warned that regulation of artificial intelligence in the financial sector is facing an "arms race" and urged for new powers to regulate ChatGPT, Claude, and Gemini.
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