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United Kingdom · Question · Written question

HL HL11686

Artificial Intelligence: Financial Services

answeredUnited Kingdom· UK Parliament· EN

Introduced

5 November 2025

Last action

19 November 2025 · Answer

Status

Answered

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Subjects

Artificial intelligence

Source updated

19 November 2025

Artificial intelligence

Summary

To ask His Majesty's Government what assessment they have made of the impact of the use of artificial intelligence by financial services for financial decision-making processes, such as underwriting and credit pricing, on UK financial stability.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 November 2025

    Written question

    To ask His Majesty's Government what assessment they have made of the impact of the use of artificial intelligence by financial services for financial decision-making processes, such as underwriting and credit pricing, on UK financial stability.

    Source: Lords

  2. 19 November 2025

    Answer

    The Bank of England’s Financial Policy Committee (FPC) is responsible for identifying and addressing risks to the UK financial system. The FPC’s latest remit was set out by the Chancellor in November 2024. It notes that whilst recognising the significant ...

    Source: Written answer

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