Australia’s financial regulator has warned financial firms that AI agent governance and assurance practices are poorly governed. The warning comes as banks and superannuation trustees expand AI in internal and customer-facing operations. The Australian Prudential Regulation Authority said it conducted a targeted review of selected large regulated entities in late 2025 to assess AI adoption […]
The post AI agent governance takes focus as regulators flag control gaps appeared first on AI News.
Once again, digital tools are running ahead of regulators. Civil liberties must not be sacrificed to policing
It is a familiar story. Extravagant claims are made on behalf of novel computerised tools. The public are told that this or that digital application or system is going to change the world for the better. Efficiencies will be unlocked and problems solved as human limitations are overcome by networked devices plugged into vast stores of data. Anyone who questions the narrative is a pessimist or, perhaps, a criminal.
This appears to be the logic behind arguments put forward on behalf of one such tool – live facial recognition technology. Law-abiding citizens have “nothing to fear” from the police’s increased reliance on mounted cameras, said the Home Office minister, Sarah Jones, last month, after a high court challenge brought on human rights and privacy grounds failed. The use of AI-powered identification software, made by the Japanese company NEC, “only locates specifically wa
Microsoft and Google are adding new controls for AI agents, as enterprise IT teams try to keep up with tools that can access corporate data and act across business applications.
Microsoft’s Agent 365, made generally available for commercial customers on May 1, is designed to help organizations discover, govern, and secure AI agents, including those operating across Microsoft, third-party SaaS, cloud, and local environments.
Google’s new AI control center for Workspace, announced this week, focuses more specifically on giving administrators a centralized view of AI usage, security settings, data protection controls, and privacy safeguards within Workspace.
The timing reflects a shift in enterprise AI use. Many companies are no longer just testing chatbots, but are beginning to use agents that can reach corporate systems and carry out tasks on behalf of users.
Analysts said the shift changes how CIOs and CISOs should think about AI agents inside the enterprise.
“By placing agent controls
This week, something significant happened. Rather than testing the waters in their own way, a big European bank has made a leap into Artificial Intelligence. They’re doing this in partnership with Accenture and Anthropic in order to build an entire AI hub, and it sends a message across the sector: get in line or fall behind! Piraeus Bank, Accenture and Anthropic will build a centralized AI engine to help the bank transform its operations. Okay, hold on a minute. I know what you might be thinking. We’ve been bombarded with this rhetoric for some time: AI will change banking! And […]
