News: Regulation
Bloomberg: AI Risks to Financial Stability Are Already a Central Bank Worry
Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry.
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May 9, 2024 / Artificial Intelligence, Regulation
JD Supra: UK Regulator Updates its Approach to AI and Sets a 12-Month Plan
The UK’s Financial Conduct Authority (FCA) has recently published an update on its approach to artificial intelligence (AI).
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April 29, 2024 / Crypto, Regulation
Finextra: EU expands AML regulation impacting cryptocurrency compliance
The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing toolkit, with a particular impact on the cryptocurrency industry.
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April 23, 2024 / Data, Regulation
Finextra: FCA turns the microscope on Big Tech
The UK's Financial Conduct Authority intends to step up its investigations into the competitive implications of Big Tech companies in financial services.
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April 3, 2024 / Artificial Intelligence, Regulation
UKTN: UK and US agree to collaborate on AI safety tests
It is great to see that the UK and US have agreed to collaborate on AI safety tests - but how effective will they be?
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March 28, 2024 / Artificial Intelligence, Regulation
Finextra: UK AI regulation: The Data Protection and Digital Information Bill
This gives a good overview of what the UK AI regulation will look like.
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Bank of England: Systemic Risk Survey Results – 2024 H1
Bank of England Systemic Risks for H1 2024 just published.
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Finextra: BofE plans cloud-based data platform and AI pilots
The Bank of England is building out a cloud-based data and analytics platform after an independent review found "nervousness" in adopting the technology.
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March 8, 2024 / ESG, Regulation
ESG Today: Republican States Launch Lawsuit to Block New SEC Climate Disclosure Rules
This was to be expected!
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February 6, 2024 / Regulation
Reuters: US regional bank stocks steady after brutal sell-off
The markets are still fragile and it does not take much to freak them out.
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