UK regulators ask how AI and Big Tech can transform financial services

UK regulators ask how AI and Big Tech can transform financial services

The Financial Conduct Authority (FCA) is leading discussions into early 2023 on the future regulation of the financial services sector as a result of digitalisation, following the publication of papers on the implications of Big Tech and, with the Bank of England and Prudential Regulation Authority (PRA), of artificial intelligence (AI) and machine learning on…

How Countries Should Respond to the Strong Dollar

The dollar is at its highest level since 2000, having appreciated 22 percent against the yen, 13 percent against the Euro and 6 percent against emerging market currencies since the start of this year. Such a sharp strengthening of the dollar in a matter of months has sizable macroeconomic implications for almost all countries, given…