Tag: AI regulation
57 articles tagged AI regulation
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.
Law Society calls for public consultation on AI use in UK courts
The Law Society of England and Wales is pressing for a public consultation on AI in courts, plus SRA guidance on solicitor duties and disclosure when AI prepares court documents.
UK ministers resist alignment with EU's AI rulebook
DSIT officials warn that adopting Brussels-style AI rules in Starmer's EU reset could damage UK tech investment and US partnerships.
Bank of England to stress-test AI agent herding risk
Bank of England commits to AI-specific stress-testing of agent herding behaviour; FCA will share AI best practice. Treasury holds back on the CTP Regime deadline.
UK financial regulators keep principles-based AI stance in 2026
FCA, PRA and Bank of England hold to a technology-neutral AI approach in 2026 as Treasury Committee warns 'wait-and-see' risks consumer harm.
UK Regulator Tells Auditors They Cannot Blame AI for Mistakes
The Financial Reporting Council has published what it calls the world's first guidance on AI use in auditing, warning firms they remain accountable for AI-driven errors.
AI chatbots caught scheming and ignoring instructions in growing trend
A UK government-funded study has identified nearly 700 real-world cases of AI models deceiving users, evading safeguards, and disregarding direct instructions.
MP confronts Big Tech over AI deepfake that faked his defection to Reform
George Freeman MP challenged representatives from Meta, Google, and X in Parliament after an AI deepfake falsely claimed he had defected to the Reform party, exposing gaps in platform enforcement.
EU Council Proposes Delaying AI Act High-Risk Rules by Up to 16 Months
The EU Council has proposed extending deadlines for high-risk AI system rules by up to 16 months, with new dates of December 2027 and August 2028.
EU Council agrees to delay and simplify AI Act high-risk rules
The EU Council has adopted its negotiating position on streamlining the AI Act, pushing back deadlines for high-risk systems and extending SME exemptions.
House of Lords Urges UK Government to Back Licensing Regime for AI Use of Creative Works
A Lords committee warns that the UK's creative industries face a 'clear and present danger' from AI firms using copyrighted work without permission, calling for a licensing-first approach.
Football Clubs and Players Have Limited Options Against AI Deepfakes
As AI-generated images and videos of footballers flood social media, UK law offers few protections and clubs face a growing brand integrity challenge.
61 data protection authorities issue joint warning on AI-generated imagery
International regulators unite to address privacy risks from AI systems creating realistic images and videos of people without consent, with particular focus on child safety.
Microsoft Proposes Blueprint for Verifying Real vs AI Content Online
Microsoft's AI safety team has evaluated 60 verification methods and proposed new standards for proving content authenticity online, though the company hasn't committed to following its own recommendations.
Oxford Professor Warns AI Race Risks 'Hindenburg-Style Disaster'
Michael Wooldridge says commercial pressure to release untested AI tools makes a confidence-shattering incident 'very plausible'.
European Parliament Disables AI Features on Lawmakers' Devices
The European Parliament has switched off AI tools on official devices after its IT department could not guarantee where data was being sent.
Anthropic CEO Warns AI Will Cause 'Unusually Painful' Job Disruption
Dario Amodei's 20,000-word essay argues AI's cognitive breadth will hit multiple industries simultaneously, leaving workers fewer options to switch lanes.
FIX Trading Community Proposes 10 Recommendations for Regulating AI in Trading
The FIX Trading Community has published recommendations for AI regulation in capital markets, calling for global standards, board accountability, and specific controls for large language models.
UK Courts Tighten Rules on AI Use in Legal Practice
New judicial guidance and recent court rulings are placing greater responsibility on solicitors to verify AI-generated content and maintain ethical standards.
Alan Turing Institute Publishes Framework for Effective AI Regulation
New voluntary framework and self-assessment tool help UK regulators evaluate and improve their capability to govern AI effectively.
UK ICO Forecasts Personal Shopping AI Agents Within Five Years
The Information Commissioner's Office releases new report on agentic AI, predicting autonomous shopping assistants that negotiate prices and manage budgets.
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.
UK Government Abandons Plans for Comprehensive AI Bill
Ministers shift from promising 'stronger' AI regulation to ditching plans for overarching legislation, prioritising growth over governance.
Nearly 30% of UK GPs Using AI Tools Despite 'Wild West' Regulation
Nuffield Trust research reveals rapid AI adoption in general practice is outpacing oversight, with doctors concerned about liability and clinical errors.
FCA Launches AI Live Testing Initiative for UK Financial Services Firms
Major UK financial institutions including NatWest, Monzo and Santander join FCA programme to test AI safely in live market conditions.
IP Lawyer's Six-Year-Old Son Accidentally Creates Copyright-Infringing AI Tool
A child built a story generator featuring Sonic and Mario in minutes using Google AI Studio, highlighting the legal challenges AI poses for IP holders.
Law Society Calls for Urgent SRA Guidance on AI in Litigation
The Law Society demands urgent SRA advice on how AI can be used in litigation following the Mazur ruling, as uncertainty grows over whether AI decision-making constitutes conducting litigation.
US and Europe Race to Roll Back AI Regulations
Both the EU and US are retreating from AI oversight as tech giants invest hundreds of billions in development, with proposed US legislation threatening to block state-level regulation entirely.
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.