Regulatory Alerts2026-02-16
Summary of AI Roundtables - February 2026
The Bank of England, in coordination with the PRA and FCA, issued this summary following late-2025 roundtables to outline how regulated firms can navigate AI adoption constraints under the current principles-based framework. Cautious second-line risk functions and traditional model validation methods are currently slowing AI deployment pipelines, prompting calls for updated supervisory expectations on testing and outcomes. To accelerate responsible adoption, the Bank recommends establishing minimum standards for third-party AI providers, harmonizing cross-border data protection requirements, and promoting global regulatory convergence to lower compliance costs.
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