United Kingdom · Question · Written question
HL HL15513
Artificial Intelligence: Financial Services
Introduced
12 March 2026
Last action
26 March 2026 · Answer
Status
Answered
Sponsors
—
Subjects
Artificial intelligence
Source updated
26 March 2026
Summary
To ask His Majesty's Government what assessment they have made of (1) the use of artificial intelligence tools by consumers when making mortgage and other financial product decisions, and (2) the implications of that use for consumer protection.
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Timeline
12 March 2026
Written question
To ask His Majesty's Government what assessment they have made of (1) the use of artificial intelligence tools by consumers when making mortgage and other financial product decisions, and (2) the implications of that use for consumer protection.
Source: Lords
26 March 2026
Answer
The majority of mortgage loans are intermediated. Mortgage brokers are regulated by the Financial Conduct Authority and must comply with FCA Rules including the Consumer Duty and relevant mortgage conduct rules. Regulated firms are already required to man...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2026-03-12/HL15513
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1890898
- uk · wq-1890898 · source updated 26 March 2026