---
title: FCA Outlines AI Strategy Shaped by Industry Engagement
description: FCA Outlines AI Strategy Shaped by Industry Engagement
---

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# [FCA Outlines AI Strategy Shaped by Industry Engagement](https://www.plenitudeconsulting.com/news-insights/fca-outlines-ai-strategy-shaped-by-industry-engagement)

 Written by [Insight & Partnership Team](https://www.plenitudeconsulting.com/news-insights/author/insight-partnership-team) | Jun 15, 2026 3:07:20 PM

 

Key points include:

➡️ **Existing Frameworks:** The FCA will not introduce new AI regulations and will rely on the Consumer Duty, Senior Managers and Certification Regime (SM&CR) and governance and controls expectations;

➡️ **Good and Poor Practice:** The FCA will share examples later this year on AI governance, model testing, customer fairness and explainability; and

➡️ **AI Input Zone:** Stakeholders can share use cases, challenges, barriers, emerging risks and areas where further clarity would help through a new online survey.

✅ Firms should assess AI governance, model oversight, customer outcome testing and explainability arrangements, and consider submitting evidence to the AI Input Zone by 19 June 2026.

✅ Firms should also monitor the findings of the forthcoming Mills Review focused on the long-term impact of AI on retail financial services, due in summer 2026.

 

[View full post](https://www.plenitudeconsulting.com/news-insights/fca-outlines-ai-strategy-shaped-by-industry-engagement)

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