FCA feedback statement on synthetic data

Regulatory Updates | 15/02/23

In March last year, the FCA issued a ‘Call for Input’ on the challenges in accessing high quality data for innovation in financial services, including specific feedback on synthetic data. The Call for Input closed in June year and the FCA has now issued its feedback statement. The FCA feedback statement looks at the potential for synthetic data to expand technological and innovative data sharing opportunities in a privacy compliant manner.

Source: FCA