John Glen
MP for Salisbury
Titles as the sources gave them. In 1 entry, with 2 checked quotations.
What they said
Newest first. Each quotation was found word for word in the source.
“AI, in automating the evaluation of which products would suit individuals, is transforming most consumers’ interactions with financial services. Following the Mills review, there does seem to be a bit of a gap in what will happen with appropriate regulation.”
“If a financial services firm essentially allows an AI regime to produce offers of products that are sold, somebody has to be responsible for the terms and the basis for such a product going to market.”
In the Base
Every entry they appear in.
Financial Services and Markets Bill [Lords]
In the Commons second reading of the Financial Services and Markets Bill, AI was a side topic. Conservative MP John Glen asked who is responsible when AI produces product offers sold to consumers, and Labour's John McDonnell cited a possible global crisis from AI debt as a reason to keep bank ringfencing.