CLEARANCE for financial services
The FCA has said its existing rules already apply to AI-influenced decisions. CLEARANCE checks a live workflow against them.
What it checks
United Kingdom
- SM&CR: a named Senior Manager accountable for the AI decision system
- Consumer Duty: evidence of good outcomes from AI-driven processes
- COBS 9A: individual suitability review where AI supports advice
- A reproducible audit trail for AI-driven financial decisions
- Bias and fairness controls, including FG21/1 vulnerable customers
- UK GDPR Article 22C and the Data (Use and Access) Act 2025 on automated decisions
United States
- Model risk management covering AI systems
- Adverse action notices for AI-driven consumer decisions
- Bias testing and fairness controls
- CCPA consumer rights for AI-processed personal data
- A named accountable individual for AI decision systems
Every assessment also runs the core gaps that apply in any sector: no decision boundary, no audit trail, no named accountable owner, and no remediation path. UK assessments add the UK GDPR layer: lawful basis, purpose limitation, retention, data subject rights and processor agreements.
Price
£750 (UK) · $750 (US). One fixed fee for one workflow, one report, no retainer.
What you receive
One report in four parts: executive summary, detailed findings with the obligation behind each, a remediation roadmap, and an evidence appendix with the answers behind every finding.
UK sample report (healthcare example; the report format is the same)
Not live yet?
AQE qualifies an AI use case before it goes live.
Advise financial services firms?
You can offer this under your own name. See the UK partner preview or the US partner preview, each with a sample report and a free check, or read how partnering works.
Start with six free questions.
No card required, no sales call. Choose your sector in the first step.