| Link(s): | FCA Board minutes: 23 April 2026 |
Context
The FCA has published the minutes of its 23 April 2026 Board meeting.
Key points to note and next actions
- The update from the Chair included updates on the regulatory trade-offs between growth and operational resilience, including cyber risks; and the cross-cutting nature of AI and other digital technologies used in financial services, highlighting the need for collaboration and co-operation among multiple domestic and international authorities.
- The CEO provided updates on developments related to cyber security, highlighting a potentially significant advance in cyber vulnerability detection and exploitation, and on the motor finance redress scheme, including stakeholder response to its announcement. He also provided an update on the Financial Services Bill.