Latest news and articles about regulation.
9 articles
Britain’s Financial Conduct Authority is considering direct regulation of AI models like ChatGPT and Claude as their influence on financial decision-making grows. Senior official Sheldon Mills emphasized the need for evolving regulatory frameworks.
The Bank of England is assessing whether current regulations can adequately govern agentic AI in finance, as autonomous AI systems become more prevalent in areas like trading, cybersecurity, and payments.
This article explains how the EU's Digital Markets Act could designate AWS and Azure as gatekeepers, even though they don't meet quantitative thresholds. It explores the implications for AI and cloud computing regulation.
Australia's financial regulator has warned that AI agent governance in the financial sector is poorly managed, highlighting significant control gaps in AI oversight.
The FCC's router ban now includes portable hotspots, affecting consumer device upgrades and raising concerns about market competition and innovation.
Ofcom has opened a formal investigation into Telegram over concerns about child sexual abuse material, marking its most significant enforcement action against a major messaging platform to date.
The European Commission has proposed six measures requiring Google to share search data with competitors under the Digital Markets Act, including AI chatbots.
This explainer explores the Digital Operational Resilience Act (DORA), a EU regulation reshaping how financial institutions manage digital risks, particularly AI-driven operations. It explains DORA's key components, how it integrates AI governance, and why it matters for compliance and system resilience.
This article explains the concept of AI risk governance and how the US Treasury's new framework helps financial institutions manage AI-related risks effectively.