London Demands "Crash Test" for Banking AI

On January 20, 2026, the UK Treasury Committee issued a stern demand: introduce mandatory "stress tests" for AI systems in the financial sector. Lawmakers fear that the mass adoption of "black box" algorithms in scoring, trading, and risk management creates a threat of systemic failure.

The initiative aims to prevent scenarios where synchronized AI models from different banks simultaneously make an erroneous decision, crashing the market or discriminating against millions of borrowers. If the proposal becomes law, banks will have to prove to the regulator not only the profitability of their models but also their resilience to extreme scenarios (cyberattacks, data hallucinations).

Source: Reuters