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UK finance watchdog wants firms to report AI failures and close calls
FCA seeks clear accountability as financial services embrace increasingly autonomous agents The UK's financial regulator says firms' incident reporting must cover significant AI failures and near-misses as increasingly autonomous systems…
Summary
FCA seeks clear accountability as financial services embrace increasingly autonomous agents The UK's financial regulator says firms' incident reporting must cover significant AI failures and near-misses as increasingly autonomous systems raise new risks.
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