Artificial Intelligence: Financial Institutions
2026-05-13 · Treasury · HL153 · Official question
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.
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...