UK Regulator Kicks Off Review on Impact of AI on Retail Finance

British regulator kicks off review on impact of AI on retail finance

The UK financial watchdog began a review on Tuesday to look at how advanced AI is affecting retail financial markets ‍and consumers.

UK regulator kicks off review on impact of AI on retail finance

The UK's Financial Conduct Authority on Tuesday launched a review into the impact of advanced artificial intelligence on retail financial markets and consumers.

UK FCA launches sweeping AI review for retail finance, sets Feb 24 deadline

London, Jan 28, 2026, 20:01 GMT Britain’s Financial Conduct Authority has kicked off the “Mills Review,” with executive director Sheldon Mills at the helm, to examine how advanced AI might transform retail financial services and impact consumers. The FCA set a deadline for responses on Feb. 24 and plans to present recommendations to its board by summer 2026. This initiative builds on earlier efforts like AI Live Testing and the Nvidia-supported …

FCA’s Sheldon Mills to lead review on how advanced AI could impact retail markets

The FCA has launched a review into how advanced AI could affect retail financial markets, regulators, and consumers, headed up by executive director Sheldon Mills. The review will take a longer-term look at the implications of AI as it rapidly advances and will build upon the work the regulator has done on AI to date, including the AI Discussion Paper, AI Sprint, and AI Lab. The FCA is seeking views on four angles: How AI could evolve in the fu…

FCA To Review AI Impact on Financial Sector + Ashurst Comment

In a move that could indirectly impact the commercial legal world, the Financial Conduct Authority (FCA) in the UK is consulting on how to regulate AI and its impact on the financial services secto…

FCA launches Mills Review into AI impact on retail finance

The FCA has launched a new review to assess how advanced AI could reshape retail financial services, consumer outcomes and regulation.