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Regulation

34 briefs in this category, newest first.

Regulation

UK Places AWS, Google Cloud, Microsoft, and Oracle Under Bank-Level Financial Oversight in First Use of FSMA 2023 Powers

HM Treasury formally designated four US cloud providers as Critical Third Parties to the UK financial system on July 10, effective July 13, 2026, marking the first activation of supervisory powers under the Financial Services and Markets Act 2023. The Bank of England, PRA, and FCA can now gather information, test resilience, and enforce sector-specific rules directly against vendors that previously sat outside the UK regulatory perimeter.

Regulation

Pentagon official held xAI stock worth up to $1M while pressing Anthropic to drop autonomous-weapons guardrails, court documents show

Unsealed court documents from the U.S. District Court for the Northern District of California reveal that Emil Michael, the Pentagon undersecretary who led negotiations with Anthropic, held xAI stock valued between $500,000 and $1 million while pressing CEO Dario Amodei to allow Claude to be used for autonomous weapons and domestic surveillance.

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