More complaints about compliance are reported to the U.K.’s financial services watchdog than any other kind of potential misconduct, and even if few of them result in investigation or censure, experts believe such reports help inform future supervision and enforcement.
Neil Hodge
Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal issues for a wide range of publications in the United Kingdom and United States.
Posted inRisk Management
If financial services firms don’t want more AI rules, comply with existing regs, experts warn
The U.K.’s financial regulators have long maintained that AI use by banks, insurers, and other financial services firms is already regulated under existing rules, but such assurances are increasingly being questioned.
Posted inEurope
New EU rules will force companies to come clean on pay
New rules that will be introduced this June will require companies based in the European Union (EU) to explain why some workers are paid more money for the same job and remedy any “unjustified” discrepancies.
Posted inRisk Management
Experts urge stronger compliance involvement to mitigate AI liability
Companies look set to increase their spend on AI technologies during 2026, but not every investment is likely to pay off. In fact, most appear to offer little return quickly.
Posted inTechnology
U.K. lawmakers push for guidance, rules around AI in financial services
British lawmakers have warned that neither the U.K. government nor key financial regulators are doing enough to manage the risks presented by AI to consumers.
Posted inFinancial Services
U.K. insider trading case highlights benefits to self-reporting suspicious activity
The U.K. has recently initiated a series of comprehensive crackdowns on financial fraud, particularly in the financial services sector. A recent enforcement action highlighted the effectiveness of one of the Financial Conduct Authority’s lesser-known weapons in its fight to combat insider trading—the Suspicious Transaction and Order Report (STOR).
Posted inTechnology
The hidden compliance costs behind failed AI deployments
Companies look set to increase their spend on AI technologies during 2026, but not every investment is likely to pay off. In fact, most appear to offer little return quickly.
Posted inEurope
EU investigation into Grok may expose problems with DSA rather than compliance failings
The European Commission has launched a formal investigation against Elon Musk’s X under the Digital Services Act over fears that its AI tool Grok may be producing and disseminating illegal material.
Posted inFinancial Services
SFO head to step down as speculation grows over future of agency
Nick Ephgrave, director of the U.K.’s main anti-corruption enforcement agency, the Serious Fraud Office, will retire at the end of March—about halfway through his appointed five-year term. Experts say he leaves the agency in a lot better position than he joined it in September 2023.
Posted inTechnology
U.K. regulators move to curb AI nudification tools as scrutiny of Grok grows
The U.K. government’s spat with Big Tech owner Elon Musk over the more risque capabilities of X’s AI assistant Grok has exposed more cracks than the chatbot was ever meant to.
