AI in financial services

Treasury Committee Open Inquiry
Opened: 3 Feb 2025 Parliament page
The Committee is inquiring into how the UK financial services can take advantage of the opportunities in AI while mitigating any threats to financial stability and safeguarding financial consumers, particularly vulnerable consumers. Read the call for evidence to find out more about this inquiry.
1 Report
4 Oral sessions
7 Letters
5 Events
Activity timeline 18 events
Oral evidence sessions 4 sessions
Oral evidence session
Catherine McCloskey · HM Treasury James Fairburn · HM Treasury Lucy Rigby KC MP · HM Treasury
AI in financial services
David Geale · Payment Systems Regulator Jessica Rusu · Financial Conduct Authority Jonathan Hall · Independent Reviewer of Terrorism Legislation Tom Mutton · Bank of England
Professor Galina Andreeva · Societal Aspects of Credit Professor Neil Lawrence · University of Cambridge Professor Sandra Wachter · University of Oxford
Amandeep Luther · Association of Financial Markets in Europe (AFME) David Otudeko · Association of British Insurers (ABI) Jana Mackintosh · UK Finance
Correspondence 7 letters
24 Mar 2026 Correspondence from the Bank of England on its response to the Artificial intelligence in financial services report, dated 16 March 2026
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18 Nov 2025 Correspondence from the Economic Secretary to the Treasury to the Chair, in response to follow up, dated 13 November 2025
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18 Nov 2025 Correspondence from the Chair to the Economic Secretary to the Treasury, dated 4 November 2025
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4 Nov 2025 Correspondence from the Economic Secretary to the Treasury to the Chair of the Treasury Select Committee, dated 29 October 2025
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20 Oct 2025 Correspondence from the Chair to the Economic Secretary to the Treasury, dated 20 October 2025
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9 Oct 2025 Responses from AI providers to the Treasury Committee, dated 9 October 2025
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17 Sep 2025 Letters to AI providers, dated 17 September 2025
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