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UK’s FCA Plans Regulatory Framework for Agentic Finance

By PYMNTS

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AI summary of the source article

The UK’s Financial Conduct Authority plans to develop a framework for agentic finance covering agent identity, delegated authority, accountability, and execution. The initiative was announced by FCA official Jessica Rusu at Bloomberg’s UK Policy Series.

Key facts

  • The UK Financial Conduct Authority plans to develop a regulatory framework for agentic finance.
  • The framework will encompass agent identity, delegated authority, accountability, and execution.
  • FCA Chief Data, Information and Intelligence Officer Jessica Rusu announced the plan at Bloomberg's UK Policy Series.

Source excerpt · PYMNTS

The United Kingdom’s Financial Conduct Authority plans to develop a framework for agentic finance that encompasses agent identity, delegated authority, accountability and execution, Jessica Rusu, chief data, information and intelligence officer at the FCA, said Monday (Oct. 19). In a speech delivered at Bloomberg’s UK Policy Series, Rusu said the FCA will develop the framework […] The post UK’s FC…