UK regulator looking to use A.I., machine-learning to enforce financial compliance

The FCA would utilize "supervised machine-learning from these analytics," Cook said, and "unsupervised AI" to detect financial irregularities. He added: "We're looking at these underlying technology approaches and regtech solutions to try and see how we can employ them internally to be more efficient and to better identify which solution (works) for the financial markets." Cook said that the U.K. regulator was working with global regulators as well as regtech companies to showcase its work and to learn from others around the world. He said: "A lot of our fintech over the last year has been looking into regtech's application for ourselves as well, and encouraging and bringing other international regulators to the table. We take a very active role in trying to expand the regtech discussion globally. Equally though, we seek to learn what's going on elsewhere."