Tag: AI governance
75 articles tagged AI governance
Law firm leaders overestimate their grip on shadow AI
Research from Access Legal found 60% of fee-earners use unapproved AI tools, while 68% of firm leaders believe they have full visibility and zero risk.
HSBC to hire 100 AI specialists for a new Singapore centre
The UK-headquartered bank is building AI capability in Singapore, recruiting across data science, AI governance and natural language processing.
UK AI Safety Institute warns frontier model oversight is set to erode
AISI's new report identifies 20-plus pathways by which AI oversight techniques will degrade as systems grow more capable, with practical levers for developers.
FCA reopens AI Input Zone, demanding evidence — not theory — from UK banks
The Financial Conduct Authority is pressing UK financial firms to evidence AI governance and assurance in live operations, with submissions to the AI Input Zone open until 19 June 2026.
Eight in 10 enterprises report production failures from AI-generated code, CloudBees finds
A CloudBees survey of 200+ tech leaders found 81% reporting more production issues from AI-generated code as verification fails to keep pace with output.
QBE: 75% of UK firms fear supplier AI risk but only 28% audit suppliers
Insurer QBE finds 75% of UK businesses are worried about supplier AI cyber risk but only 28% of AI-using firms audit how their third parties deploy the technology.
Pope Leo's first AI encyclical to be unveiled with Anthropic co-founder
Pope Leo XIV will unveil his first encyclical, 'Magnifica Humanitas', on AI on 25 May, joined at the Vatican presentation by Anthropic co-founder Christopher Olah.
UK Regulating for Growth Bill targets AI sandboxes in King's Speech
The UK government has set out a Regulating for Growth Bill expanding AI regulatory sandboxes and giving departments new powers to repeal outdated technology rules.
UK CIOs say AI adoption is outrunning their governance, Logicalis finds
96% of UK CIOs fear AI-driven data leakage and 62% are unprepared for the EU AI Act, according to a Logicalis survey published this week.
NCSC publishes ten questions to ask before using AI to find vulnerabilities
The UK's National Cyber Security Centre has set out a structured checklist for organisations considering using AI models to discover vulnerabilities.
UK financial services lacks shared AI governance standard, Zango report warns
Lloyds, Monzo and Stripe leaders warn that UK FS firms are solving AI governance independently. US and Singapore have sector-specific standards; the UK does not.
Fewer than 1 in 4 UK charities have approved AI policies, report warns
Charity Excellence Framework finds AI use among UK charities accelerating faster than trustee oversight — risking a public-trust gap.
Lloyd's Market Association publishes AI governance toolkit
The LMA has issued a five-theme AI Adoption Toolkit as a survey of 60% of Lloyd's market stamp capacity shows governance frameworks becoming the norm.
Bank replaces 12-person QA team with AI and books $6m loss from zero-price bug
A financial firm that disbanded its QA department for automated testing lost roughly $6m after an erroneous discount code pushed product prices to zero.
MoJ pilots Justice Transcribe for family courts as lawyers call for child safeguards
Ministry of Justice tests in-house AI against accuracy, cost and safeguarding thresholds, with Law Society pushing retained audio and bias evaluation.
DfT publishes bias-mitigation design for Gemini-based consultation analysis tool
Alan Turing Institute report shows how DfT's Consultation Analysis Tool uses LLM-as-a-judge, human review and explicit demographic safeguards.
MPs told UK has 'outsourced' AI to US billionaires as China positions as responsible actor
Commons business and trade committee hears UK AI development is dominated by US hyperscalers while Beijing backs global governance talks.
PwC: 20% of companies capture three-quarters of AI's economic value
A new PwC study of 1,217 executives finds a stark divide between AI leaders reinventing their businesses and the majority still stuck in pilot mode.
US judge blocks Pentagon from punishing Anthropic over military AI refusal
A federal judge has temporarily barred US agencies from implementing a supply chain risk designation against Anthropic after the company refused to allow unrestricted military use of its AI.
US Treasury publishes AI risk framework for financial services
New guidebook from 100+ financial institutions offers structured controls for AI governance, from bias monitoring to incident response procedures.
AI Workflows Need Human Oversight to Deliver Real Value, Says Datatonic
Cloud consultancy Datatonic warns that organisations deploying AI without proper human-in-the-loop systems are seeing productivity losses rather than gains.
EU Endorses AI Leaders' Declaration at India Summit
The European Union backs the Leaders' Declaration at the AI Impact Summit in India, launching new initiatives including a Frontier AI Grand Challenge.
Standard Chartered Legal Head Flags Urgent Push for AI Stress Testing
Standard Chartered's head of legal for financial markets warns UK regulators and banks must treat AI stress testing as an urgent priority after MPs found the sector unprepared for an AI-driven market shock.
UK Regulators Tell MPs They Need More Resources to Tackle AI
Senior UK regulators warned Parliament's Joint Committee on Human Rights that funding shortages, not legal powers, are the main barrier to effective AI oversight.
FCA Launches Long-Term Review of AI in Retail Financial Services
The UK financial regulator is examining how AI could reshape consumer relationships, market competition and regulatory frameworks, with recommendations due this summer.
Police Chief Resigns After AI Hallucination Influences Decision
West Midlands Police chief retires after Microsoft Copilot generated fictional football match report that influenced a ban on Israeli fans.
Mind the Gap: Ada Lovelace Institute's 2025 AI Reality Check
New research reveals 84% of UK public believe government prioritises tech companies over citizens on AI regulation, as promised legislation stalls and real-world deployments show mixed results.
Australian Chief Justice Warns AI Use in Courts Reaches 'Unsustainable Phase'
High Court Chief Justice Stephen Gageler says judges now act as 'human filters' for machine-generated legal arguments as AI proliferates in litigation.
Shadow AI: The Next Frontier of Unseen Enterprise Risk
Unsanctioned AI tool usage by employees introduces data leakage, compliance violations, and regulatory liability as organisations lack visibility into how, where, and why AI is deployed.
Two-Thirds of Executives Violate Own AI Usage Policies, Survey Finds
Nitro survey reveals 68% of C-suite leaders bypass corporate AI tools they've invested millions in, whilst half of employees also use unapproved AI applications.
CDAO Role Evolves as AI Strategy Shifts to Executive Priority
Chief Data and Analytics Officers face mounting pressure to deliver measurable AI ROI as organisations transition from data management to strategic AI enablement and agentic intelligence.
Enterprises Scaling GenAI Beyond the Hype
How large organisations are moving past GenAI disillusionment through product-aligned operating models and strategic frameworks that deliver measurable business value.
One-Size-Fits-All AI Guardrails Fail Enterprises, Expert Argues
Knostic co-founder explains why enterprises need persona-based access controls that tailor AI responses by role and context, not blanket content filters.
The Largest AI Security Risks Aren't in Code—They're in Culture
Expert analysis argues AI resilience depends more on organisational clarity and team coordination than technical safeguards, as UK's Cyber Security Bill and EU AI Act set governance frameworks.
OpenAI completed its for-profit restructuring — and struck a new deal with Microsoft
OpenAI restructures as public benefit corporation with $130bn nonprofit equity stake. New Microsoft deal clarifies AGI rights and extends IP access through 2032.