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United Kingdom · Question · Written question

HL HL153

Artificial Intelligence: Financial Institutions

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 May 2026

Last action

1 June 2026 · Answer

Status

Answered

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Subjects

Artificial intelligence

Source updated

1 June 2026

Artificial intelligence

Summary

To ask His Majesty's Government what assessment they have made of the need for standardised or independent testing of general purpose AI models used by regulated financial institutions.

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

Timeline

  1. 14 May 2026

    Written question

    To ask His Majesty's Government what assessment they have made of the need for standardised or independent testing of general purpose AI models used by regulated financial institutions.

    Source: Lords

  2. 1 June 2026

    Answer

    The Government’s ambition is to make the UK a global leader in AI. Encouraging safe adoption is an essential part of realising that ambition and we will continue to work closely with regulators and industry to ensure innovation proceeds safely and respons...

    Source: Written answer

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