United Kingdom: Technology

The European Union has reached a political agreement to significantly extend compliance deadlines for high-risk AI systems under the AI Act, with businesses now having until December 2027 or August 2028 depending on their category. The revised framework introduces separate timelines for different types of high-risk AI applications, narrows certain definitions, and provides regulatory relief for small and medium-sized companies while adding new prohibitions on non-consensual intimate content generation.

Publicly available artificial intelligence (AI) tools are widely available and uptake in their use has grown exponentially in recent years. With use of such AI tools becoming increasingly normalised...

In this edition we round up FinTech-related financial services regulatory developments for the week ending 24 April 2026.