Post by McGregor Boyall

As AI adoption accelerates across financial services, UK regulators are reinforcing a principles-based, outcomes-focused approach. Rather than introducing new AI-specific rules, bodies like the FCA are relying on existing frameworks, placing accountability on firms to manage risk, governance, and customer outcomes. But 2026 signals a shift: 🔹 Greater scrutiny through initiatives like the "Mills Review" 🔹 Increased focus on critical third parties and AI reliance 🔹 A continued balancing act between innovation, competitiveness, and risk The message is clear: AI is now a core strategic priority, and firms must demonstrate robust governance, transparency, and control. At McGregor Boyall, we're seeing this drive increased demand across risk, compliance, and technology talent. Read the article here: https://lnkd.in/ez7iXjBD #ArtificialIntelligence #FinancialServices #Regulation #RiskManagement #Compliance #FinTech #Leadership