The UK’s Financial Reporting Council (FRC) has announced a significant expansion of its sandbox innovation programme, with three new initiatives inviting audit firms and companies to work directly with the regulator.
The UK Financial Conduct Authority (FCA) has unveiled its boldest move yet to support AI in financial services: a new “Supercharged Sandbox” developed in partnership with tech heavyweight NVIDIA. Announced earlier this week, the initiative gives firms a secure space to experiment with artificial intelligence—equipped with top-tier computing power, better data, and tailored regulatory guidance.
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