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UK prudential watchdog weighs shift from tech-neutral rules amid rise of AI

By Sofia Gerace ( April 29, 2025, 13:46 GMT | Insight) -- The Prudential Regulation Authority, the regulatory arm of the Bank of England, is internally debating whether to shift from its tech-agnostic approach, due to the increasing use of artificial intelligence in financial services. UK regulators have so far maintained tech-neutral rules applicable to various technologies.The rise of artificial intelligence in financial services has prompted an internal debate at the UK's Prudential Regulation Authority about whether to shift from its tech-agnostic approach, the chief of the PRA said today....

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