Financial Conduct Authority

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Palantir manifesto described as ‘ramblings of a supervillain’ amid UK contract fears

Alarm caused by posts of Alex Carp, tech firm’s CEO, championing US military dominance and of AI weaponsThe US spy tech company Palantir published a manifesto extolling the benefits of American power and implying some cultures are inferior to others – in what MPs have called “a parody of a RoboCop film” and “the ramblings […]

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MPs urge UK government to halt contract giving Palantir FCA data access

Awarding US spy-tech company deal involving sensitive financial data is ‘huge error of judgment’, Liberal Democrats sayMPs have urged the government to halt its latest contract with Palantir, after the Guardian revealed the US spy-tech company is to gain access to a trove of highly sensitive UK financial regulation data.The Financial Conduct Authority, the watchdog

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FCA deal gives Palantir yet more access to inner workings of power in Britain

Contract affords AI analytics firm access to trove of data on one of the most important financial centres in the worldPalantir extends reach into British state as it gets access to sensitive FCA dataPalantir’s latest UK contract takes the AI and data analytics company into the heart of one of Britain’s biggest industries: financial services,

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Palantir extends reach into British state as it gets access to sensitive FCA data

Exclusive: Allowing US tech firm to analyse intelligence in name of tackling fraud raises fresh concerns over privacyFCA deal gives Palantir yet more access to inner workings of power in BritainPalantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about

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Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis

Advertising Standards Authority says firm advised by George Osborne ‘trivialised risks of cryptocurrency’A cryptocurrency company advised by George Osborne has been banned from showing a set of adverts that suggested using its services could be a solution to the cost of living crisis.Coinbase, which appointed the former Conservative chancellor to chair its global advisory council

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UK exposed to ‘serious harm’ by failure to tackle AI risks, MPs warn

Government, Bank of England and FCA criticised for taking ‘wait-and-see’ approach to AI use in financial sectorConsumers and the UK financial system are being exposed to “serious harm” by the failure of government and the Bank of England to get a grip on the risks posed by artificial intelligence, an influential parliamentary committee has warned.In

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