Speech by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer delivered at TheCityUK International Conference 2025.
IntroductionIn the run up to Easter, while most of you were planning egg hunts or family gatherings, the regulators and market participants were closely watching the global dynamics of tariffs, and the impact on trading.The long Easter weekend has given us time to reflect on the resiliency of markets, the role that financial services plays in supporting global economies, and the ties that bind international markets together. In the last 12 months, technological advancements have profoundly transformed the financial services sector, offering innovation and growth of new business models. Artificial intelligence (AI) has become central to this evolution – with financial institutions leveraging AI to deliver operating efficiencies, improving fraud detection as well as enhancing customer interactions.The UK continues to be world-leading in commercial insurance, derivatives, debt issuance, foreign exchange and commodities trading.Supporting all this, we have a world-class outcomes-based regulatory regime.
https://www.fca.org.uk/news/speeches...set-regulation
