REGULATION · UK
UK government introduces Financial Services and Markets bill to Parliament
UK government tabled the Financial Services and Markets bill, beginning the legislative process to overhaul and modernise financial regulation. Bill aims to align UK framework post-Brexit and address AI-era fintech gaps.
WHY IT MATTERS
Signals UK regulatory agenda includes explicit AI governance. Expect FCA guidance on AI model risk, bias testing, and explainability within 6–9 months.
Source: Finextra · 2026-05-22