AI’s rapid evolution forces regulatory rethink, FCA chief Rathi says
( June 24, 2026, 12:36 GMT | Official Statement) -- MLex Summary: The head of the UK Financial Conduct Authority said traditional rule-making will not work in all areas as artificial intelligence evolves faster than regulatory and legislative frameworks. Speaking at an event in London, Nikhil Rathi said the regulator is re-thinking how to supervise, gather intelligence, collaborate, and innovate.Speech follows....
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