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ICO fines water company $1.3m for data breach after cyber attack
Serious cyber attack resulted in the personal information of 633,887 people being extracted and published on the dark web, according to the regulator.
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UK’s ICO publishes guidance on dealing with AI-generated FOI requests
Guidance from the information watchdog comes as public authorities in the UK face an increasing burden of requests that misinterpret or misquote legislation due to the use of AI.
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Singapore launches initiative to harness AI in fight against financial crime
MAS will work with banks, the police, and the government’s technology agency using data from five banks in a protected environment.
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FCA work in review: May 1-11, 2026
Our regular roundup of the latest news and developments from the FCA.
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Dubai regulator consults on changing Islamic finance framework
New framework will align regulatory requirements with broader national objectives, including the UAE Strategy for Islamic Finance and Halal Industry as well as Dubai’s Economic Agenda (D33).
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ASIC calls for urgent cyber measures to fight threats from frontier AI models
ASIC has warned latest frontier AI models could expose cybersecurity vulnerabilities within organizations at unprecedented speed, scale, and sophistication.
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FCA to review claims management practices after consumer concerns
The review will look into motor finance claims management, housing disrepair, lead generators, and other firms not directly regulated by the FCA.
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FCA vows to defend motor finance redress scheme after legal challenges
Consumer Voice, Volkswagen Financial Services, Mercedes Benz Financial Services, and Crédit Agricole Auto Finance have all challenged the scheme.
