UK banks, sector supervisors eye AI cyber risks amid resistance to regulate
By Sofia Gerace, Fanny Roux and Patricia Figueiredo ( May 29, 2026, 13:42 GMT | Comment) -- UK financial regulators and banks are grappling with how to respond to potential cyber risks posed by increasingly powerful artificial intelligence models such as Open AI’s GPT-5.5 and Anthropic’s forthcoming model Mythos. The Bank of England and the Financial Conduct Authority have warned firms to step up their cybersecurity systems, but said they are not looking to regulate AI in the sector given the speed at which the technology is developing.UK financial regulators and banks are grappling with how to respond to potential cybersecurity risks posed by increasingly powerful artificial intelligence systems such as Open AI’s GPT-5.5 and Anthropic’s forthcoming model Mythos....
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