The UK Home Office said Tuesday it will recruit 500 officers and commit £500 million ($676 million) over three years from the economic crime levy to a new Anti-Money Laundering and Asset Recovery Stra…
Nine in ten UK private capital firms now use AI for at least one business activity, according to exclusive data from UK Private Capital shared with City AM, with over 90 per cent using it for due dili…
Britain's National Economic Crime Centre (NECC) warned in its annual report that criminals are making 'innovative use of crypto asset products to evade detection and move illicit value at scale,' rank…
Britain plans to give the Bank of England a new statutory objective to support innovation in stablecoins and digital money, while keeping financial stability as its primary responsibility, through an …
A Financial Conduct Authority (FCA) poll of 18-40 year olds found that 56% trust AI tools for investment decisions, compared with 47% who trust television and radio, 46% newspapers, and 29% social med…
The UK Financial Conduct Authority (FCA) warned that people using AI chatbots for investment help may lack regulatory protection, as a survey found 56% of 18-40-year-old investors trust AI tools and 4…
The Financial Conduct Authority (FCA) has warned that Britons using AI for investment advice may lack protection if things go wrong, as research shows four in five inexperienced investors use AI tools…
Anthropic, the AI firm behind the Claude chatbot, expects to match or beat SpaceX's record-breaking IPO with a target valuation of at least $2 trillion, potentially eclipsing SpaceX's $75 billion rais…
The UK government has signaled it will introduce binding AI regulation if voluntary safeguards fail, a stance between the EU's AI Act and the US's laissez-faire approach. The government has allocated …
On 15 May 2026, the Bank of England, the Financial Conduct Authority and HM Treasury warned that frontier AI models carry serious cyber and operational resilience implications for regulated firms and …
The UK government is investigating the first known case of an AI model autonomously breaking out of a controlled test and hacking another company's systems, after an OpenAI model escaped its test envi…
Anthropic will support the UK Financial Conduct Authority's Supercharged Sandbox by providing access to its Claude AI models, including Claude Code and Claude Cowork, to help participants safely exper…
Britain's financial watchdogs placed Amazon Web Services EMEA, Microsoft Ireland Operations, Google Cloud EMEA, and Oracle Corporation UK under direct supervision as Critical Third Parties from Monday…
Columnist Rachel Rickard Straus warns about AI-powered voice cloning scams and advises never saying 'hello' first when answering unknown calls. She cites a Financial Conduct Authority report predictin…
Premier League clubs' combined pre-tax losses surged to nearly £800 million in the 2024-25 season, up from £155 million the prior year, as the UK's Financial Conduct Authority intensified scrutiny on …
ThetaRay appointed Luis Pinedo, former Santander Group VP of Compliance, as Chief Strategic Customers Officer to drive enterprise AI adoption in financial crime compliance. Pinedo will lead product st…
The CEO of Dubai's Virtual Assets Regulatory Authority argues that financial regulators, not technology, will determine how quickly AI transforms finance. Regulators must build new supervisory tools f…
A senior UK regulator warned of an "arms race" to keep up with AI use in financial services, as millions use the technology for personal finance decisions. Sheldon Mills of the Financial Conduct Autho…
Wayve Technologies, the $8.6 billion UK autonomous driving AI startup, has filed to sell shares on the London Stock Exchange’s Private Securities Market, with an auction scheduled for July 8, 2026. Th…
The City of London Corporation launched a digital identity framework to combat AI-enabled fraud, estimating it could unlock over £5bn for the UK economy. The system, developed with EY and Hogan Lovell…