FCA stresses need for regulations to adapt to changing technology
Technology will bring both serious risks and benefits to all groups, says FCA
Technological developments could be a threat to the financial system if left unchecked by proper regulation, says the UK Financial Conduct Authority.
The FCA published its annual business plan on April 17. In the document, it outlines the need for proper regulation of technology within the financial sector, as well as the ways in which it could use technology to regulate. Amid a boom in fintech, such as blockchain technology and artificial intelligence, current regulations will likely prove
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