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Regulating AI in the UK: A Patchwork, a Plan, and What In-House Counsel Should Do About Both

Abstract

The United Kingdom does not have an AI law. It has no AI regulator. It has no single, binding set of rules governing how artificial intelligence is developed, deployed or used. What it does have is a position. That position, developed under two successive governments, is that AI should be regulated at the point of use, by existing sector-specific regulators, through existing legal frameworks. The Financial Conduct Authority regulates AI in financial services. The Medicines and Healthcare products Regulatory Agency regulates AI in healthcare. Ofcom oversees AI in the context of online communications. The Information Commissioner’s Office addresses AI through the lens of data protection. And so on. No one body has overall responsibility.

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Author

Portrait image of Winona Chan
Winona Chan
Legal Counsel, Moneybox, UK

Winona Chan is an England & Wales qualified solicitor with in-house experience in regulated financial services, specialising in commercial, technology and outsourcing matters. She is currently Legal Counsel at Moneybox, where she advises on a broad range of legal and regulatory issues across financial products, technology infrastructure and customer-facing platforms, including supplier arrangements, technology procurement, AI deployment and governance, and customer documentation in a regulated environment. Previously, she worked at Aldermore Bank and Blake Morgan, focusing on commercial contracts, outsourcing and technology transactions across multiple sectors. Her interests lie in how businesses structure commercial relationships in practice, particularly how contract design, risk allocation and operational processes can support better decision-making, efficiency and scalable growth.

Company

Moneybox

Moneybox is an award-winning wealth management platform on a mission to give everyone the means to get more out of life. The platform brings together saving, investing, home-buying and retirement services, alongside educational content and digital tools, to help people build wealth throughout life regardless of their starting point.

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