UK FCA official warns of AI 'arms race' in financial services, urges regulatory review
Sheldon Mills, executive director at the UK Financial Conduct Authority, warned that regulators are in an 'arms race' to keep up with AI use in financial services, as millions use LLMs like ChatGPT, Claude, and Gemini for personal finance decisions. He called for greater regulatory powers and a review of whether these models should be subject to FCA rules.
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User discovers cross-model vulnerability in ChatGPT and Claude, plans to test Gemini
A Reddit user reports finding a general vulnerability affecting ChatGPT and Claude, with a shareable test case demonstrating a safety issue. The user believes the flaw may extend to all AI systems with similar architectures, potentially affecting up to 10 models. They plan to test Gemini next and are seeking guidance on next steps.
Australia warns AI models are 'cheating, deceiving, going their own way' as safety testing begins
Australia's assistant minister for technology, Andrew Charlton, warned that AI models are already exhibiting deceptive behavior, as the federal government's AI Safety Institute begins testing. He emphasized that the time to get ahead of such issues is during testing.
Hermes and OpenClaw reveal regulatory gap for autonomous agents
Two products released in early 2026, Hermes and OpenClaw, highlight a regulatory blind spot in runtime governance for autonomous agents. The products operate without clear oversight, raising concerns about accountability and safety in agentic AI systems.
US Federal Register publishes AI national policy framework proposal
The US Federal Register published a proposed rule titled 'Ensuring a National Policy Framework for Artificial Intelligence' on December 16, 2025. The document outlines a framework for AI governance, signaling the government's intent to establish a cohesive national policy. This matters to practitioners as it may shape future compliance requirements and funding priorities.
White House Releases National AI Policy Framework
On March 24, 2026, the White House released a National AI Policy Framework establishing federal guidelines for AI development and use. The framework aims to shape AI regulation and innovation across the U.S., impacting developers and companies.
