{"title":"FINANCIAL CONDUCT AUTHORITY — THE REGULATORS' AI UNIVERSE","built":"2026-11-01 08:14 UTC","last_checked":"2026-10-28","checked_range":["2026-10-28","2026-10-28"],"as_of":"2026-10-28","buckets":[{"key":"unit","label":"Units and teams","color":"#8E2433","count":0},{"key":"system","label":"AI systems in use","color":"#1F2F4F","count":2},{"key":"prog","label":"Programmes and funds","color":"#2F5A45","count":0},{"key":"skills","label":"Skills and training","color":"#6E5716","count":0},{"key":"infra","label":"Compute and data infrastructure","color":"#54476E","count":0},{"key":"gov","label":"Governance and assurance","color":"#3E4555","count":0},{"key":"part","label":"Partnerships","color":"#5C5240","count":0},{"key":"rule","label":"Rules and law","color":"#A3394B","count":0},{"key":"reg","label":"Regulator actions","color":"#3D5A80","count":20}],"divisions":[{"key":"department-wide","label":"Department-wide","count":13,"depts":[{"dept":"Department-wide","count":13}]},{"key":"ai-lab","label":"AI Lab","count":8,"depts":[{"dept":"AI Lab","count":8}]},{"key":"bank-of-england-and-fca","label":"Bank of England and FCA","count":1,"depts":[{"dept":"Bank of England and FCA","count":1}]}],"colleges":[],"nodes":[{"id":"GOV-REG-101","name":"FCA AI Lab","type":"Regulator actions","category":"Financial Conduct Authority","affiliation":"Group page (sub-page per regulator)","status_group":"current","status":"current — 2026-07-03","function":"The FCA's umbrella for AI engagement with firms. 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Use cases included personalised financial guidance, spotting consumers in vulnerable circumstances, financial inclusion, and machine learning and agentic systems against financial crime. The AI Lab page lists 23 firms: Ani-Tech, Aventur, Chip, Horizon Zero, Iron Market, Kestrl, Pebble, PresAIge, Principality, Serene, SmartPredict (retail); Aveni, Beyla, Courts Data, FinregE, Impax, MillTech, Multfi, Napier AI, Opsen AI, Shawbrook, Symphony AI, Virgin Money (wholesale and compliance).","composition":"","parent":"Financial Conduct Authority","parent_research":"Financial Conduct Authority","relationships":"","notes":"","checked":"2026-10-28","website":[],"sources":["https://www.fca.org.uk/firms/ai-lab","https://www.fca.org.uk/firms/innovation/supercharged-sandbox","https://www.fca.org.uk/firms/ai-financial-services"],"source_quotes":[{"url":"https://www.fca.org.uk/firms/ai-lab","quotes":["The FCA partnered with NVIDIA to enhance its Digital Sandbox","A showcase was held on 28 and 29 January 2026."],"accessed":"2026-10-28","secondary":false,"raw":""},{"url":"https://www.fca.org.uk/firms/innovation/supercharged-sandbox","quotes":[],"accessed":"2026-10-28","secondary":false,"raw":"https://www.fca.org.uk/firms/innovation/supercharged-sandbox — Cohort 1 (September 2025 to January 2026): 132 firms applied and 22 were selected (accessed 2026-10-28)"},{"url":"https://www.fca.org.uk/firms/ai-financial-services","quotes":["May 2025: AI Consortium, Live Testing and Supercharged Sandbox launched."],"accessed":"2026-10-28","secondary":false,"raw":""}],"bucket":"reg","depts":[{"dept":"AI Lab","div":"ai-lab"}],"colleges":[],"directorate":"AI Lab","previous_parent":null,"parent_changed":null,"head":null,"established":"2025-09 (cohort start)","location":"null (secure cloud environment)","money":"null (\"there is no cost to take part\")","supplier_id_guess":"biz-nvidia ; biz-nayaone","system":null,"rule":{"kind":"sandbox","stage":"completed","stage_date":"2026-01-29","sponsor":"FCA (with NVIDIA, NayaOne)","applies_to":"firms with AI use cases relevant to UK financial services; FCA authorisation not required"},"topics":["regulation and standards","compute and infrastructure","investment and growth"],"confidence":"verified","confidence_raw":"verified (note: 22 selected per the sandbox page, 23 names listed on the AI Lab page)","one_source":false,"as_of":"2026-10-28","rec_table":[],"ext_links":[],"link_texts":[{"kind":"parent","target":"GOV-REG-101","ids":["GOV-REG-101"]},{"kind":"partner_of","target":"NVIDIA","ids":[]},{"kind":"partner_of","target":"NayaOne","ids":[]},{"kind":"succeeded_by","target":"GOV-REG-105","ids":["GOV-REG-105"]}],"div_label":"AI Lab","degree":3,"related_ids":["GOV-REG-101","GOV-REG-105","GOV-REG-119"]},{"id":"GOV-REG-105","name":"Supercharged Sandbox — cohort 2 (13 July to 31 December 2026)","type":"Regulator actions","category":"Financial Conduct Authority","affiliation":"Group page (sub-page per regulator)","status_group":"current","status":"current (cohort running; showcase 25–26 November 2026) — 2026-09-23","function":"Second cohort. 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Named firms include Aegis Trace, calQrisk, Condukt, Deepflow, FSCom, GAI Labs, IntelXview, Kaption, Merx Digital Solutions (SmartDrops), Money Advice Trust, Relace, RMI Agentic, Sardine AI Corp, Scottish Widows, TrueLayer, Trustie Labs, Ubyx (with Amazon), Welleness and Zquas.","composition":"","parent":"Financial Conduct Authority","parent_research":"Financial Conduct Authority","relationships":"","notes":"","checked":"2026-10-28","website":[],"sources":["https://www.fca.org.uk/firms/innovation/supercharged-sandbox","https://www.fca.org.uk/firms/innovation/supercharged-sandbox"],"source_quotes":[{"url":"https://www.fca.org.uk/firms/innovation/supercharged-sandbox","quotes":["Cohort 2 builds on the support provided by NayaOne and NVIDIA.","participants also have access to Claude, including Claude Code and Claude Cowork."],"accessed":"2026-10-28","secondary":false,"raw":""},{"url":"https://www.fca.org.uk/firms/innovation/supercharged-sandbox","quotes":["a 51% increase on cohort 1"],"accessed":"2026-10-28","secondary":false,"raw":""}],"bucket":"reg","depts":[{"dept":"AI Lab","div":"ai-lab"}],"colleges":[],"directorate":"AI Lab","previous_parent":null,"parent_changed":null,"head":null,"established":"2026-07-13","location":"FCA Head Office (showcase)","money":"null (no cost to participants)","supplier_id_guess":"biz-nvidia ; biz-nayaone ; biz-anthropic ; biz-amazon","system":null,"rule":{"kind":"sandbox","stage":"live","stage_date":"2026-07-13","sponsor":"FCA (with NayaOne, NVIDIA, Anthropic)","applies_to":"firms with AI use cases relevant to UK financial services, including non-UK firms"},"topics":["regulation and standards","compute and infrastructure","investment and growth"],"confidence":"single_source","confidence_raw":"single_source (one primary page; note: 21 selected, 19 names listed)","one_source":true,"as_of":"2026-10-28","rec_table":[],"ext_links":[],"link_texts":[{"kind":"parent","target":"GOV-REG-101","ids":["GOV-REG-101"]},{"kind":"partner_of","target":"NVIDIA","ids":[]},{"kind":"partner_of","target":"NayaOne","ids":[]},{"kind":"partner_of","target":"Anthropic","ids":[]}],"div_label":"AI Lab","degree":4,"related_ids":["GOV-REG-101","GOV-REG-104","GOV-REG-111","GOV-REG-117"]},{"id":"GOV-REG-106","name":"AI Live Testing — engagement paper (29 April 2025) and feedback statement FS25/5 (9 September 2025)","type":"Regulator actions","category":"Financial Conduct Authority","affiliation":"Group page (sub-page per regulator)","status_group":"current","status":"current — 2026-03-16","function":"A service in which firms \"work directly with our regulatory and technical teams\" to develop, assess and deploy AI systems live in UK financial markets. Proposed in an Engagement Paper (29 April 2025); 67 responses; confirmed in Feedback Statement FS25/5 (9 September 2025). Applications for the first cohort closed 15 September 2025. The FCA will publish an evaluation report in Q1 2027.","composition":"","parent":"Financial Conduct Authority","parent_research":"Financial Conduct Authority","relationships":"","notes":"","checked":"2026-10-28","website":[],"sources":["https://www.fca.org.uk/publications/feedback-statements/fs25-5-ai-live-testing","https://www.fca.org.uk/firms/ai-financial-services"],"source_quotes":[{"url":"https://www.fca.org.uk/publications/feedback-statements/fs25-5-ai-live-testing","quotes":["We received 67 responses to our Engagement Paper","Applications for the first cohort of AI Live Testing closed on 15 September 2025."],"accessed":"2026-10-28","secondary":false,"raw":""},{"url":"https://www.fca.org.uk/firms/ai-financial-services","quotes":["May 2025: AI Consortium, Live Testing and Supercharged Sandbox launched."],"accessed":"2026-10-28","secondary":false,"raw":""}],"bucket":"reg","depts":[{"dept":"AI Lab","div":"ai-lab"}],"colleges":[],"directorate":"AI Lab","previous_parent":null,"parent_changed":null,"head":null,"established":"2025-09-09","location":null,"money":null,"supplier_id_guess":null,"system":null,"rule":{"kind":"sandbox","stage":"live (feedback statement published)","stage_date":"2025-09-09","sponsor":"FCA","applies_to":"firms further along in AI development with a material financial-services use case"},"topics":["regulation and standards","safety and security"],"confidence":"verified","confidence_raw":"verified","one_source":false,"as_of":"2026-10-28","rec_table":[],"ext_links":[],"link_texts":[{"kind":"parent","target":"GOV-REG-101","ids":["GOV-REG-101"]},{"kind":"related","target":"GOV-REG-107","ids":["GOV-REG-107"]}],"div_label":"AI Lab","degree":4,"related_ids":["GOV-REG-101","GOV-REG-107","GOV-REG-111","GOV-REG-120"]},{"id":"GOV-REG-107","name":"AI Live Testing — cohort 2 (testing from late April 2026)","type":"Regulator actions","category":"Financial Conduct Authority","affiliation":"Group page (sub-page per regulator)","status_group":"current","status":"current — 2026-04","function":"Second cohort. 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