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United Kingdom · Question · Written question

HL HL13848

Financial Services: Artificial Intelligence

answeredUnited Kingdom· UK Parliament· EN

Introduced

22 January 2026

Last action

3 February 2026 · Answer

Status

Answered

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Subjects

Artificial intelligence

Source updated

3 February 2026

Artificial intelligence

Summary

To ask His Majesty's Government what assessment they have made of the effectiveness of UK financial oversight arrangements in the context of the rapid adoption of AI tools by banks and insurers; and what are the implications for consumer protection and fi

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

Timeline

  1. 22 January 2026

    Written question

    To ask His Majesty's Government what assessment they have made of the effectiveness of UK financial oversight arrangements in the context of the rapid adoption of AI tools by banks and insurers; and what are the implications for consumer protection and fi

    Source: Lords

  2. 3 February 2026

    Answer

    The Government’s ambition is to make the UK a global leader in AI, leveraging our dual strength in financial services and AI to drive growth, productivity, and consumer benefits. Encouraging safe adoption is an essential part of realising that ambition. H...

    Source: Written answer

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