Technology · 6 July 2026
FCA seeks stronger AI rules for consumers
Photo by Solen Feyissa on Unsplash
Better protection could reach people using AI for money decisions as concerns grow about fraud, cyber threats and consumer harm. A review led by Financial Conduct Authority executive Sheldon Mills urged the UK government on 6 July 2026 to give the regulator wider powers over critical technology providers. Around 11 million UK residents said they'd use AI for financial decisions.
Reported by The Guardian · How we write briefs