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FSB report highlights need to minimise AI risk to financial stability
What are the implications of AI adoption in the financial sector? We take a look at the key findings from FSB’s latest report.
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UK’s MHRA launches consultation on regulation around medical devices
The process will look into four key areas, including UKCA marking, international reliance, In vitro diagnostic (IVD) devices and assimilated EU law.
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UK regulators address critical third party operational resilience in financial sector
The FCA, PRA and BoE set out final requirements and expectations in order to manage potential systemic risk posed by tech firms.
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Meta receives $840m fine from EU regulators for ‘unfair market competition practices’
Regulators say Meta is abusing its market position by tying its ads services to Facebook.
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‘Crisis era regulation has gone too far’: Rachel Reeves doubles down on regulatory reform
UK Chancellor Rachel Reeves called for regulators to focus on boosting growth in her debut Mansion House speech.
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Crypto wrap: Bitcoin value surges, jail for former binance boss, and more
Latest developments in the world of crypto.
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Boston Consulting report pinpoints businesses adding value with AI
Global study finds leading adopters generating revenue growth that is 50% above average and reshaping core processes.
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Metro Bank fined over £16m for AML failings stemming from data problems
FCA final notice highlights how data problems can have serious consequences unless dealt with promptly.