1 August
The Financial Conduct Authority
("FCA") published an insight article on artificial
intelligence ("AI") in the boardroom.
The article considers various AI-related issues in the
boardroom.
The Prudential Regulation Authority
("PRA") published a letter sent to the Chief Risk
Officers at life insurers, on best practice in proxy modelling.
The FCA published issue 60 of Market Watch, its
newsletter on market conduct and transaction reporting issues.
2 August
The House of Commons Treasury Committee published a report of session 2017-19 on
the work of the FCA and the perimeter of regulation. The report
contains recommendations to HM Treasury on the remit and powers of
the FCA and follows the FCA's June 2019 perimeter report for
2018/19.