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UK financial firms might have to prove their AI oversight competency

By Sofia Gerace ( March 6, 2026, 16:07 GMT | Insight) -- The UK’s Financial Conduct Authority is considering whether firms should be required to prove the competency of staff overseeing AI systems. While existing rules already make firms accountable for AI-driven outcomes, there is no clear standard for what effective human oversight of AI would look like.The UK’s Financial Conduct Authority might require firms to demonstrate the competency of staff overseeing artificial intelligence systems, a senior official said on Friday....

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