Bank of England simulates AI risks to financial stability
NewsBytes | April 17, 2026 12:39 AM CST
Lucy Rigby expects initial CTP designations
UK lawmakers are worried that unregulated tech giants could create weak spots in the financial system, especially with new AI products like Anthropic's Mythos raising cybersecurity concerns.
Treasury Minister Lucy Rigby says the government expects to make initial CTP designation decisions this year.
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