{"id":21629,"date":"2026-01-20T08:37:52","date_gmt":"2026-01-20T07:37:52","guid":{"rendered":"https:\/\/costops.com\/index.php\/2026\/01\/20\/uk-exposed-to-serious-harm-by-failure-to-tackle-ai-risks-mps-warn\/"},"modified":"2026-01-20T08:37:52","modified_gmt":"2026-01-20T07:37:52","slug":"uk-exposed-to-serious-harm-by-failure-to-tackle-ai-risks-mps-warn","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/01\/20\/uk-exposed-to-serious-harm-by-failure-to-tackle-ai-risks-mps-warn\/","title":{"rendered":"UK exposed to \u2018serious harm\u2019 by failure to tackle AI risks, MPs warn"},"content":{"rendered":"<p>Government, Bank of England and FCA criticised for taking \u2018wait-and-see\u2019 approach to AI use in financial sector<\/p>\n<p>Consumers and the UK financial system are being exposed to \u201cserious harm\u201d 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.<\/p>\n<p>In a new report, MPs on the Treasury committee criticise ministers and City regulators, including the Financial Conduct Authority (FCA), for taking a \u201cwait-and-see\u201d approach to AI use across the financial sector.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/jan\/20\/uk-ai-risks-mps-government-bank-of-england-fca\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/806cb798ee36a482ee711e0dde66c6d1719010f6\/1124_0_5598_4481\/master\/5598.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=d675d31e0d63195162a6adce7565ce9b\" title=\"UK exposed to \u2018serious harm\u2019 by failure to tackle AI risks, MPs warn\" \/>Government, Bank of England and FCA criticised for taking \u2018wait-and-see\u2019 approach to AI use in financial sector<br \/>\nConsumers and the UK financial system are being exposed to \u201cserious harm\u201d 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.<br \/>\nIn a new report, MPs on the Treasury committee criticise ministers and City regulators, including the Financial Conduct Authority (FCA), for taking a \u201cwait-and-see\u201d approach to AI use across the financial sector. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government, Bank of England and FCA criticised for taking \u2018wait-and-see\u2019 approach to AI use in financial sector Consumers and the UK financial system are being exposed to \u201cserious harm\u201d 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 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/01\/20\/uk-exposed-to-serious-harm-by-failure-to-tackle-ai-risks-mps-warn\/\"> <span class=\"screen-reader-text\">UK exposed to \u2018serious harm\u2019 by failure to tackle AI risks, MPs warn<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":21630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/21629"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=21629"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/21629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/21630"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=21629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=21629"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=21629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}