Regulation

FCA turns to AI in fight against finance rogues

Push towards regtech is gathering pace

FCA boss Nikhil Rathi says technology and data will help it become a better regulator
FCA boss Nikhil Rathi says technology and data will help it become a better regulator Photo: Chris Ratcliffe/Getty Images

The Financial Conduct Authority has said it will up its use of artificial intelligence to crack down on staff breaking rules in the City.

The watchdog said it would build on “the significant progress already made to become a world-class data-led regulator by automating more of its analytics tools” in its latest business plan published 19 March.

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