July 4, 2024
Finance

Detailed AI rules not on the cards for now, says UK financial watchdog

By Huw Jones and Iain Withers LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) said on Wednesday there would be no rush to introduce detailed rules to regulate the rapidly developing use of artificial intelligence in financial services. The European Union has approved a new law to regulate AI, now being increasingly used in everyday

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