SRA consults on writing AI into the standards expected of solicitors
The Solicitors Regulation Authority is consulting until 3 December on updating its competence statement and SQE legal knowledge, with a new focus on AI.
38 articles tagged UK regulation
The Solicitors Regulation Authority is consulting until 3 December on updating its competence statement and SQE legal knowledge, with a new focus on AI.
The UK data regulator says ten foundation model firms have made or promised privacy fixes, and it is now asking for evidence on the risks of agentic AI.
US and Brazilian regulators have authorised pilotless crop sprayers for commercial use. A British firm is still waiting to fly cargo to Shetland and Orkney.
The UK AI Security Institute says an agent under test invented personas to pressure an open-source maintainer into approving harmful code.
The Bank of England, FCA and HM Treasury have told UK regulated firms to harden cyber defences against frontier AI-driven attacks, citing 'step-change' capabilities.
Sam Woods, head of the Prudential Regulation Authority, says new frontier AI models such as Anthropic's Mythos could materially disrupt UK financial services.
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.
UK AI Security Institute says Mythos Preview is the first model to finish its full cyber-range attack end-to-end, prompting a Bank of England CMorg briefing.
Bank of England, FCA and NCSC convene emergency discussions with major banks after Anthropic's AI model exposes thousands of software vulnerabilities.
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.
The Financial Conduct Authority says AI models used to assess money laundering risks in professional services are producing unreliable results, with new law firms automatically assigned medium risk ratings.
A House of Lords committee warns Britain risks long-term dependence on opaque foreign AI systems and urges the government to formally abandon text-and-data-mining opt-out proposals.
The UK government has opened what it calls the world's most ambitious consultation on children's digital wellbeing, covering social media age bans, AI chatbots, and gaming.
Campaigners are staging protests in London this weekend to demand stronger protections against the environmental impact of the UK's growing data centre infrastructure.
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.
AI chatbot providers face fines of up to 10% of global revenue or service blocking in the UK as the government moves to close Online Safety Act loopholes.
Keir Starmer warns tech companies that 'no platform gets a free pass' as government moves to bring AI chatbots under the Online Safety Act.
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.
Most remaining data protection provisions of the Data (Use and Access) Act have commenced, giving the ICO new enforcement powers and fines up to £17.5 million.
UK firms with mature AI proof of concepts can apply for regulatory support to test in real market conditions. Applications close 2 March 2026.
The UK financial regulator is examining how AI could reshape consumer relationships, market competition and regulatory frameworks, with recommendations due this summer.
The $93 million-backed startup is pulling its Ash chatbot from the UK market, citing unclear regulatory pathways for AI wellbeing products.
Major UK financial institutions including NatWest, Monzo and Santander join FCA programme to test AI safely in live market conditions.