UK Watchdog Calls for Disclaimers on AI Financial Advice

Britain's Financial Conduct Authority (FCA) is calling for official disclaimers and clarifications on financial advice services driven by artificial intelligence, Finextra Research and Investment Week reported.

According to the reports, the British regulator warned that the boundary between regulated investment advice and unregulated guidance is rapidly blurring, as the adoption of artificial intelligence systems expands across the financial management sector.

Further details regarding new enforcement policies or mandatory guidelines for financial firms have not yet been released.