Business · 4 hours ago

FCA chief says AI is making threats to UK markets the worst he's seen

Graphic: BriefTea

Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), the City's conduct regulator, observed that the dangers to market integrity have reached a level of severity unprecedented in his experience. In a speech at the City of London's annual dinner on 22 October, he blamed fast-emerging technologies for putting volatility, market abuse and cross-border financial crime "on steroids".

By BriefTea Editorial · 23 October 2026 at 7:42

Reported by fca.org.uk · How we write briefs

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