Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with the matter said, with some...
Articles by Nupur Anand, Phoebe Seers and Tommy Reggiori Wilkes
The Bank of England on Wednesday warned of an increase in the risk that interconnected weaknesses in the financial system...
Britain’s insurance industry is urging the Bank of England’s regulatory arm to rethink its live crisis simulation, citing heavy reporting...
Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most...
Financial firms in Britain are sharpening their focus on employee conduct, with some weeding out staff suspected of misconduct such...
Britain’s financial regulator has been urged to consider regulation of large language models such as ChatGPT, Claude and Gemini because...
The fast-growing private credit industry’s deepening links with banks and asset managers are creating risks for the world’s financial system,...
The Bank of England’s regulatory arm on Wednesday set out plans to tighten the capital treatment of funded reinsurance, a...
The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans...
The Bank of England said on Wednesday that the Iran war had dealt “a substantial negative supply shock” to the...