Trusted AI at the Bank of England: Ethical, Safe, and Effective Application

2025-07-14 · Industry Analysis

In this speech at the inaugural Central Bank AI Conference, James Benford outlines how the Bank of England is applying generative AI with caution, strategic clarity, and strong ethical oversight. The “TRUSTED” AI framework is designed to balance innovation with governance, productivity, and public accountability—offering a model of interest to financial firms, regulators, and insurers.