AI Summary

UK Financial Conduct Authority Chief Data Officer Jessica Rusu delivered a speech on Monday urging that UK firms be mandated to disclose “significant AI failures and near‑misses.” She said regulators are frustrated by ineffective attempts to curb the rapid expansion of agentic and generative AI technologies. Rusu highlighted a growing stream of reports documenting AI agent misbehavior and the absence of meaningful consequences, underscoring the regulator’s concern over unchecked deployments.

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