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Keywords: Financial Conduct Authority
British authorities have urged companies to strengthen their preparedness against emerging risks linked to advanced artificial intelligence systems. In a joint statement released on Friday, the UK Treasury, the Bank of England, and the Financial Conduct Authority emphasized the growing cybersecurity......
The United Kingdom’s Financial Conduct Authority (FCA) announced on Thursday the introduction of a revised regulatory framework for short selling, aiming to make the system clearer and easier for financial firms to follow. Short selling refers to an investment strategy in which traders bet that......
British hedge fund manager Crispin Odey has appeared before a tribunal to contest a proposed ban that would prevent him from working in the financial sector. The case follows regulatory action by the Financial Conduct Authority over concerns related to professional conduct and internal governance. Odey,......
The United Kingdom’s Financial Conduct Authority (FCA) has defended its decision to award a short-term contract to U.S. data analytics firm Palantir Technologies, amid questions from lawmakers over potential data access and monopoly risks. Palantir was contracted for 12 weeks to analyze internal......