Tag: AI governance
65 articles tagged AI governance
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.
Police AI director: deploying AI into UK policing is 'building the train on its journey'
Police AI interim director Alex Murray says the team's mandate is delivery, not proof-of-concept work — with a public AI registry and lab function in development.
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.
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has set out a Regulating for Growth Bill expanding AI regulatory sandboxes and giving departments new powers to repeal outdated technology rules.
US and China to set frontier-AI guardrails at Beijing summit, Bessent says
US Treasury Secretary Scott Bessent says US and Chinese delegations are agreeing AI guardrails at the Beijing summit to keep non-state actors from exploiting frontier models.
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.
Ada Lovelace Institute calls for global AI governance floor at UN talks
Ahead of the July UN Global Dialogue in Geneva, the UK think tank proposes a three-layer minimum-expectations framework grounded in international human rights law.
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.
Lloyds Banking Group hires DBS's Sameer Gupta as chief data and AI officer
Lloyds recruits DBS chief analytics officer Sameer Gupta to lead AI scaling across customer experience, fraud prevention and colleague tooling from June 2026.
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.
Anthropic Launches Institute to Study AI's Societal Impact
The Anthropic Institute brings together red teaming, economics and social science research under co-founder Jack Clark, with a DC office opening this spring.
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.
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.
Bridging the Real Digital Gap in UK Public Sector Transformation
Thirty percent of UK central government IT systems are legacy infrastructure, whilst organisational silos and skills gaps slow digital service delivery progress.
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.
EU AI Act First Year: €35M Penalties and 48% Knowledge Gaps Challenge Industry
One year after adoption, EU AI Act enforcement begins with August rollout of foundation model requirements, as 48% of businesses cite insufficient knowledge as primary barrier.