Anthropic's AI sandbox with UK's FCA joined by pensions, open banking providers
By Maciej Boguslawski and Patricia Figueiredo ( July 22, 2026, 15:54 GMT | Insight) -- Pensions provider Scottish Widows and open banking platform TrueLayer are among the companies selected for the UK Financial Conduct Authority’s second AI sandbox program, the regulator said Wednesday, as it announced a partnership with US AI firm Anthropic to conduct the iniatiative. Applications rose 51 percent from the first intake, reflecting what the FCA called strong demand for supervised testing. Participants will receive access to Anthropic’s Claude tools and existing FCA technology partners. Pensions provider Scottish Widows, UK charity Money Advice Trust and open banking platform TrueLayer are among the organizations selected by the UK’s financial regulator to participate in a new sandbox with US AI firm Anthropic, the Financial Conduct Authority said Wednesday....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.