Staff Correspondent

Welcome to the November 2025 edition of our regulatory newsletter, featuring landmark reforms in financial supervision and prudential policy worldwide. This month, regulators worldwide continued to sharpen rules on digital innovation, AI risk, and financial stability.  This month’s highlights:  The Bank of England (BoE) kicked off a consultation on sterling stablecoin oversight, while Singapore’s MAS set out draft AI governance standards. The U.S. Federal Reserve unveiled new supervisory...

W elcome to the latest edition of our global AI update. This one captures the most significant shifts from late October and November, and a lot has been happening. India introduced its first comprehensive set of AI Governance Guidelines, designed to encourage innovation while promoting responsible adoption. Around the same time, companies like Cognizant began rolling out Claude to hundreds of thousands of employees, demonstrating how quickly enterprise AI is transitioning from trials to...

How do you know if an AI model is truly smart, or just good at passing tests? A sweeping new study from the University of Oxford  has revealed that many of the world’s most popular AI benchmarks may not accurately measure what they claim. The research, titled “Measuring What Matters: Construct Validity in Large Language Model Benchmarks,”  analyzed 445  benchmarking papers from top AI and machine learning conferences, and the findings are raising eyebrows across the industry. A Benchmark...