Generative AI

Research shows UK leads in attracting funding, but adoption speed brings new compliance risks for organizations.

Sweden’s Finansinspektionen will investigate how companies use the tech today as well as potential future developments.

The Australian Securities and Investments Commission’s latest actions and news, May 5-15, 2026.

Recent communication from EIOPA points to increased AI uptake in the sector and a need for coherence between the AI Act and existing EU insurance sector rules.

The initiative will cover multiple financial sectors including banking, securities and capital markets, asset and wealth management, insurance, mandatory provident fund (MPF), and stored value facilities.

The European Commission has opened twin investigations into Meta’s and Google’s conduct in relation to generative AI assistants and related services. 

The guideline will define MAS’s expectations on to how financial institutions establish AI oversight, risk control mechanisms, and safe use of the technology.

Incidents of financial fraud are rising in the UK, and online scams are more common than ever. Ministers are calling for using AI to address the challenge.