Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of international policy cooperation on regulating artificial intelligence in financial services; and whether they plan to develop further UK policy in this area.

The government’s ambition is to make the UK a global leader in AI, leveraging our dual strength in financial services and AI to drive growth, productivity, and consumer benefits. Encouraging safe adoption is an essential part of realising that ambition.

International collaboration is vital to ensure that we can collectively unlock AI’s potential. The UK remains committed to working internationally, including through fora such as the Financial Stability Board (FSB), to support the safe adoption of AI in the financial sector.