California Governor Gavin Newsom has issued an executive order to explore whether companies should develop a “kill switch” for any potentially harmful AI tech they develop.
Artificial Intelligence
Posted inArtificial Intelligence
Experts welcome U.K.’s approach to AI supervision in financial services—but with provisos
The U.K.’s approach to regulating AI in financial services by focusing on outcomes and consumer protection, rather than introducing new rules, has been largely welcomed by experts—so long as the current regulatory framework is regularly reviewed.
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Beyond the AI Hype: What’s Actually Working in Third-Party Risk Management
AI has produced no shortage of demos, claims, and new terminology. But after the initial wave of experimentation, TPRM teams need a more useful conversation: What is actually working?
Posted inArtificial Intelligence
U.K. AI risk management toolkit targets current and future compliance
The U.K. government has published an AI Risk Management Toolkit for “multidisciplinary teams” who work with AI implementations, procurement, or delivery.
Posted inArtificial Intelligence
FCA’s regulatory approach in the age of AI will work for now, but regular reviews are necessary, warn experts
The U.K.’s principles-based approach to financial services regulation should remain fit for purpose in an age of AI, say experts—so long as the regulatory framework is regularly reviewed. In July, the Financial Conduct Authority (FCA) published the “Mills Review” about how the regulator might need to adapt its approach as financial services firms adopt AI […]
Posted inArtificial Intelligence
Cox Media Group, two others pay $930,000 for alleged AI hype
Cox Media Group and two other businesses have agreed to pay $930,000 to resolve allegations that they claimed their AI service offered far more benefits than it did, the FTC said.
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From Risk to Readiness: Preparing Your Workforce for AI and Data Challenges
Defensible compliance programs personalize training and offer practice opportunities. The learning metrics L&D leaders look at gauge the impact of the program, not just participation. To create a stronger program, Skillsoft developed a concise brief that explains what makes up a modern compliance program.
Posted inArtificial Intelligence
Moody’s urges banks to integrate compliance, culture and AI governance to accelerate processes and drive growth
Compliance teams must focus on governance, culture, and “explainability” to help banks thrive using AI in a competitive, complex regulatory environment. A new survey from Moody’s found this is why most banks now embed compliance from a project’s earliest stages, with only 17 percent treating it as a “final approval gate.”
Posted inSurveys & Benchmarking
KPMG report urges CCOs to collaborate and invest to boost operational resilience
Enhanced operational resilience is key to improving responses to interconnected cyber, third-party and regulatory risks, according to KPMG’s 2026 chief ethics and compliance officer survey.
Posted inRegulatory Enforcement
AI startup and former CEO settle with SEC over alleged material misrepresentations
An AI startup company and its former chief executive officer have settled charges that they misrepresented projected revenue, according to the SEC.
