Navigating AI Governance & Compliance in UK Financial Services

Introduction

This webinar explores the evolving legal landscape surrounding artificial intelligence (AI) in UK financial services, examining regulatory challenges, compliance requirements, and practical implementation strategies.

This webinar is presented by Jacob Turner of Fountain Court Chambers, a leading expert in AI regulation and the author of ‘Robot Rules: Regulating Artificial Intelligence’. Jacob has advised the UK Government on AI policy and acted in landmark AI cases including the Supreme Court's ‘AI Inventor’ case, and for a group of nine banks defending the first claim argued on the basis of AI-generated evidence.

What You Will Learn

This webinar will cover the following:

• Regulatory Framework and Governance
• The FCA's principles-based approach to AI regulation
• Government AI principles: safety, transparency, fairness, accountability, and contestability
• The role of the Consumer Duty in AI-driven financial services
• Current Regulatory Developments
• The FCA's AI Live Testing initiative and regulatory sandboxes
• Recent consultations on AI in UK financial services
• Bank of England and FCA collaborative approach to AI oversight
• Key Legal Risks and Compliance Issues
• Data protection implications under UK GDPR (including recent reforms of Article 22)
• Algorithmic bias and discrimination risks
• Model explainability and transparency requirements
• Operational resilience and critical third-party AI provider risks
• AI in credit scoring and lending decisions
• Algorithmic trading and market manipulation risks
• Consumer protection in AI-driven advice and sales
• Practical Implementation Strategies
• Risk assessment frameworks for AI systems
• Governance structures and senior management accountability
• Insurance and indemnity considerations for AI deployment
• AI audit and monitoring requirements
• Staff training and competency development
• Vendor due diligence for AI service providers

This pre-recorded webinar will be available to view from Tuesday 25th November 2025

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