FRC launches AI corporate reporting research to shape future guidance
The Financial Reporting Council is gathering evidence on how UK public interest entities deploy AI in financial reporting and audit. The research programme signals that formal guidance on AI governanc...
UK Parliament escalates AI governance pressure on financial regulators
The UK Parliament's Treasury Committee has issued a damning assessment of regulatory inaction on artificial intelligence in financial services, warning that current approaches expose consumers and the...
Law firms embrace AI but fail to tell clients—governance crisis emerges
The Clio Legal Insights Report for 2026 has exposed a stark governance breakdown in UK law firms: 89% of legal professionals deploy AI tools, yet only 7% of clients remember being informed. The discon...
FRC launches AI research into corporate reporting governance and audit risk
The Financial Reporting Council has partnered with Lancaster University to investigate how AI is being adopted in corporate reporting by UK public interest entities. The research, launched in March 20...