Immigration is currently a key area of focus for the UK government as shown by the publication of the “Restoring Control Over the Immigration System” white paper published on 12 May 2025 (“the White Paper”) and the references to immigration included within the government’s policy paper, “the UK’s Modern Industrial Strategy” published on 23 June
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California’s anti-employment-discrimination regulations now include AI, expand retention requirements
On June 27, 2025, the California Civil Rights Council, which is part of the Civil Rights Department, published revised regulations to protect against employment discrimination as a result of an employer’s use of artificial intelligence (AI) and other technologies that make decisions or facilitate human decision making regarding employment benefits.
These regulations contain many surprises,…
Mansion House
Chancellor’s speech
On 15 July 2025, the Chancellor of the Exchequer Rachel Reeves delivered her second Mansion House speech.
Key points in the speech include:
- The financial services sector is critical to the Chancellor’s ambitions for the UK as it is one of the largest and most successful sectors in the UK.
- A new
…
Canada’s Place in the AI Data Centre Boom
As artificial intelligence (AI) continues to grow in capability and adoption, the technology infrastructure required to support it is rapidly expanding. The rise of AI has led to the development of specialized data centres built to handle the high computational demands associated with AI workloads. …
AI Regulation in Financial Services: FCA Developments and Emerging Enforcement Risks
Approximately one year on from our briefing in June 2024 which considered some of the steps firms could be taking to meet future regulatory expectations in relation to governance of AI, in this briefing we outline some of the significant steps taken by the FCA over the past twelve months or so, in shaping the…
FCA speech – Harnessing AI and technology to deliver the FCA’s 2025 strategic priorities
On 1 July 2025, the Financial Conduct Authority (FCA) issued a speech by Jessica Rusu (FCA chief data, information and intelligence officer) entitled Harnessing AI and technology to deliver the FCA’s 2025 strategic priorities. Among other things it is noted in the speech that applications for live testing in the FCA’s AI lab will…
AI Armageddon Series
The biggest AI privacy problems no one is talking about: Installment 1: The Agent2Agent (“A2A”) Protocol
In the privacy world, everyone is focused on fairness, bias, and data scraping. These issues, however, are not even among the top 3 AI privacy issues. And it’s not even close. This is not to say those issues are unimportant. Indeed, the…
New Jersey’s proposed privacy rules include some surprises
On June 2, 2025, the New Jersey Attorney General’s Division of Consumer Affairs released proposed rules (57 N.J.R. 1101(a)) pursuant to the New Jersey Data Privacy Act (N.J.S.A. 56:8-166.4 et seq.). Although the proposed rules have many similarities to California’s current privacy regulations, there are some surprises. Among other things, New Jersey has proposed…
Charting a course through the Perfect Storm: operational resilience in the face of geopolitical uncertainty
On 18 June 2025, the Australian Prudential Regulation Authority (APRA) published a speech given at the AFIA Risk Summit by its Executive Director of Cross-industry risk, Chris Gower, who draws parallels between the Perfect Storm of 1991, and the operational resilience headwinds that are brewing on the horizon for Australian financial services entities. The speech is…
