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Compliance Monitor

FCA partners with Singapore on AI as first step to chain of "attachés"

The FCA is developing a "network of financial services attachés around the world", marked this month by announcing an imminent appointment to the British High Commission in Singapore, with a particular role in Artificial Intelligence.

This is to be followed next year by similar moves in other "priority markets". Firms with an interest in participating in an AI promotion run jointly by the United Kingdom regulator and its counterpart, the Monetary Authority of Singapore, are invited to apply through the Financial Conduct Authority's AI Spotlight programme.

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