FCA launches ‘safe space’ for AI as City firms rush to deploy new tech

Wed, 03 Dec 2025 15:32:06 +0000
Business

The City’s top regulator has opened the doors to its first-ever ‘AI live testing‘ scheme, giving major financial firms a controlled environment to trial AI without fear of tripping regulatory wires. NatWest, Monzo, Santander, Scottish Widows, Gain Credit, Homeprotect and fintech Snorkl are among those in the inaugural cohort. The FCA says the scheme is …