Regulatory News 10 June 2025

This week, the FCA announced a new collaboration with NVIDIA that will allow firms to experiment with AI. The regulator is also looking for feedback on proposed AI testing. In other news from the regulator, the FCA are also leading an international crackdown on illegal finfluencers. 

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FCA News
FCA allows firms to experiment with AI alongside NVIDIA collaboration

Through a new collaboration, firms will have the opportunity to experiment with AI using NVIDIA accelerated computing and NVIDIA AI Enterprise Software.

The regulator is also looking for feedback on proposed AI testing.

MORE INFORMATION +
Source: FCA
Date: 9 June 2025

FCA News
FCA allows firms to experiment with AI alongside NVIDIA collaboration

Through a new collaboration, firms will have the opportunity to experiment with AI using NVIDIA accelerated computing and NVIDIA AI Enterprise Software.

The regulator is also looking for feedback on proposed AI testing.

MORE INFORMATION +
Source: FCA
Date: 9 June 2025

FCA News
FCA leads international crackdown on illegal finfluencers

Regulators across the globe, led by the FCA, have joined forces to protect social media users from illegal financial promotions by rogue influencers.

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Source: FCA
Date: 6 June 2025

FCA News
Key considerations in implementing a possible motor finance consumer redress scheme

The FCA has set out some of the things it will need to consider if it were to introduce a redress scheme as part of the review into motor finance commission arrangements.

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Source: FCA
Date: 5 June 2025

FOS News
Consultation on compensation interest levels launched by the FOS

The FOS has opened a consultation on the interest rate applied to the compensation awarded to consumers. Acting on feedback from the joint Call for Input with the FCA, they are seeking views on different interest rate options and proposals for implementation. The consultation can be viewed here.

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Source: FCA
Date: 4 June 2025

Insolvency Service
New IVA protocol published to help protect people in debt

The new protocol is the result of the agency working with organisations across the sector to improve support for people considering an Individual Voluntarty Agreements (IVA).

MORE INFORMATION +
Source: FCA
Date: 29 May 2025

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