FCA probes UK firms over data breaches and misconduct amid rising cybersecurity and accountability concerns in finance.
A bug in the UK’s corporate register exposed over five million companies’ data for five months. Experts warn this could enable fraud, impersonation, and data theft. Companies House is investigating, and authorities have been notified. Business owners are advised to review their details for any suspicious changes.
Anthropic has released the Mythos model to a limited group of firms under Project Glasswing and has warned it can find thousands of software vulnerabilities faster than humans. Regulators and finance leaders in the US, UK, EU and Canada have convened urgent meetings, wargames and briefings to assess risks and coordinate defensive access and rules.
Private credit funds have seen significant redemption requests in Q1 2026: Blackstone reported nearly 8% of investors asking for cash, while Apollo, Ares and Blue Owl have seen double-digit outflows. Managers are blaming news "noise," but withdrawals are resembling a slow-motion run that will increase liquidity stress on funds.