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Palantir extends reach into British state as it gets access to sensitive FCA data

about 6 hours ago
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Palantir is to be granted access to a trove of highly sensitive UK financial regulation data, in a deal that has prompted fresh concerns about the US AI company’s deepening reach into the British state, the Guardian can reveal.The Financial Conduct Authority (FCA) has awarded Palantir a contract to investigate the watchdog’s internal intelligence data in an effort to help it tackle financial crime, which includes investigating fraud, money laundering and insider trading.The Miami-based company, co-founded by the billionaire Donald Trump donor Peter Thiel, has been appointed for a three-month trial, paying more than £30,000 a week to analyse the FCA’s vast “data lake”, which could lead to a full procurement of an AI system.The deal is part of the FCA’s drive to use digital intelligence to better focus resources on rule-breaking among the 42,000 financial services firms it regulates, from major banks to crypto exchanges.There was only one other, unnamed competitor for the contract.

Palantir already has more than £500m in UK public deals, including with the NHS, military and police.The contract has prompted warnings of “very significant privacy concerns”.Palantir is expected to apply its AI system, known as Foundry, to huge quantities of information held by the watchdog, including case intelligence files marked highly sensitive; information on so-called problem firms; reports from lenders about proven and suspected frauds; and data about the public, including consumer complaints to the financial ombudsman.The data includes recordings of phone calls, emails and trawls of social media posts, the Guardian understands.The FCA is one of several UK agencies which aim to stop financial crimes that underpin harms such as the drug trade and human trafficking.

The deal has raised concerns inside the FCA.One source said: “Once Palantir understands how we detect money-laundering threats, how do we know that they are ethically reliable enough not to go to share that information?”Palantir’s technology is used by the Israeli military and in the US president’s ICE immigration crackdown, leading to leftwing MPs in the House of Commons last month to call it a “highly questionable” and “ghastly” company.In 2023 it signed a £330m deal with the NHS, which has sparked resistance from doctors, and a £240m contract with the Ministry of Defence in December 2025, which prompted MPs to highlight “reports of serious allegations of complicity in human rights violations and the undermining of democratic processes made against Palantir”.Palantir has previously defended its work, saying it has led to about 99,000 extra operations being scheduled in the NHS, helped UK police tackle domestic violence and that it “takes a rigorous approach to respecting human rights”.Prof Michael Levi, an internationally recognised expert in money laundering at Cardiff University, said there was “serious under-exploitation” of data held by financial regulators, so AI is a potentially valuable technology to tackle financial crimes.

But he said it was “a relevant question as to whether Palantir’s owners might tipoff their friends about methodologies”,“What are the protocols agreed between the FCA and Palantir about the onward use of things that they have learned in that process?” he said,The FCA said that the terms of the contract meant Palantir would be a “data processor” not a “data controller” – meaning that it could only act on instruction from the regulator, which said it would retain exclusive control over the encryption keys for the most sensitive files and the data would be hosted and stored solely in the UK,Palantir will have to destroy data after completion of the contract and any intellectual property derived from the data trawling should be retained by the FCA,The FCA considered using dummy data or scrambling company and individual names but decided using real data was the only worthwhile test, even though guidelines encourage the use of synthetic data in pilots.

“When the FCA carries out an enforcement investigation, it has powers to compel firms to hand over vast quantities of data,” said Christopher Houssemayne du Boulay, a partner and barrister at the law firm Hickman & Rose who specialises in defending serious and complex financial crime cases.“We could be talking about hundreds of whole email accounts and full financial records.Many innocent people will be caught up in that and the data may contain bank account details, email addresses, telephone numbers and other personal information.“If you ingest that data and use it to train an AI system, there are very significant privacy concerns.There should be serious confidentiality requirements regarding what Palantir does with the data.

”The FCA said Palantir could not copy the data to train its products,Palantir referred a request for comment to the FCA,A spokesperson for the FCA said: “Effective use of technology is vital in the fight against financial crime and helps us identify risks to the consumers we serve and markets we oversee,We ran a competitive procurement process and have strict controls in place to ensure data is protected,”
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Arozarena sorry after expletive-laced comments about Mariners teammate Raleigh at WBC

Randy Arozarena says he has apologized to his Seattle Mariners teammate Cal Raleigh after an incident at this month’s World Baseball Classic.Arozarena was representing Mexico against Raleigh’s USA when the teams met at the WBC on 9 March. Raleigh ignored Arozarena’s offer of a handshake during an at-bat, a move that angered the outfielder. In a later interview, Arozarena said Raleigh could “fuck off” and “go to hell.” Raleigh downplayed the incident, saying “we’re good friends and we’ll continue to be good friends”

about 8 hours ago
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England’s McCullum told to improve relations with counties after Ashes review

Brendon McCullum has been told he must improve relations with the counties after being backed to stay on as England coach despite this winter’s 4-1 Ashes defeat.The Guardian revealed the day after England’s T20 World Cup exit three weeks ago that McCullum would continue, a decision that will be confirmed on Monday by the England and Wales Cricket Board chief executive, Richard Gould, and managing director of men’s cricket, Rob Key.Gould and Key will also outline the details of the ECB’s post-Ashes review and the reasons for keeping faith with McCullum following England’s humbling in Australia.As reported earlier this month, key to McCullum’s survival has been the New Zealander’s agreement to adopt a more rigorous approach to training and preparation during the World Cup in India and Sri Lanka, where a midnight curfew was introduced, a change of approach that will be expected to continue.In addition, the ECB has made clear to McCullum that more effort should be made to build good relationships with the counties, many of whom feel marginalised by the coach’s approach to selection

about 10 hours ago
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Serena Williams courts drama once again as game of ‘will she won’t she’ goes on

As was often the case in Serena Williams’s unparalleled tennis career, her time at the French Open in 2009 was far from straightforward. Her gritty performance in a third-round win against Spain’s María José Martínez Sánchez that went the distance was quickly overshadowed by a gamesmanship row after Martínez Sánchez refused to admit that one of Williams’s shots had struck her body, not her racket, before going back over the net. The point should have been awarded to the American.An unimpressed Williams immediately protested to opponent and umpire. Then, once it became clear the point was a lost cause, she comically suggested Martínez Sánchez should probably not approach the net again

about 14 hours ago
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Naomi Osaka casts doubt on tennis future after swift defeat in Miami opener

Naomi Osaka has said she does not intend to continue competing if she frequently loses first-round matches after suffering a disappointing 7-5, 6-4 defeat to Australia’s Talia Gibson in her opener at the Miami Open.Osaka, who received a first-round bye as the 16th seed in Miami, moved sluggishly in an error-strewn performance and was outplayed by the talented 21-year-old Gibson, who will play Iva Jovic in the next round.A question on Osaka’s plans for the upcoming clay court season prompted the 28-year-old to reflect on the difficulties of juggling motherhood with her goals as a tennis professional. Osaka, who said she would play an abbreviated clay season starting at the Madrid Open, is not sure if she can be the best mother possible while pursuing those goals.“I feel like this also is a dilemma for me,” Osaka told reporters

about 22 hours ago
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Josh Kerr surges to world indoor gold and makes ‘night night’ gesture at rival

Brilliance and controversy are never far apart when it comes to Josh Kerr. It is what makes him such a compelling athlete. And after storming to a thrilling world indoor 3,000m title here in Torun, the Briton was quick to apply a sharp twist of the knife.As he crossed the line, Kerr made NBA star Steph Curry’s famous ‘night night’ celebration, putting both hands against his cheek to signify that he had put his opponent – in this case the Olympic 1500m champion Cole Hocker – to sleep.In fairness to Kerr, his American rival had made the same gesture after beating him last month at the Millrose Games – which made revenge when it mattered all the sweeter

1 day ago
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‘It’s an excuse’: New York Giants’ Cam Skattebo says CTE and asthma are ‘fake’

New York Giants running back Cam Skattebo is facing backlash after dismissing both chronic traumatic encephalopathy (CTE) and asthma as “fake” during a recent podcast appearance.Speaking on the Bring the Juice podcast, the 24-year-old was asked whether he believes CTE – a degenerative brain condition linked to repeated head trauma – is real. Skattebo called it an “excuse”, agreeing with the host before making a similar claim about asthma.“Yeah, asthma’s fake too,” Skattebo said, adding at one point that people should “just breathe air”.The comments have drawn criticism given the scientific consensus around both conditions

1 day ago
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It’s time to take politics out of the Small Business Administration

about 8 hours ago
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Starmer adviser urges ministers to look at profits cap for energy and petrol firms

about 9 hours ago
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Campaign groups rail against Palantir, but the UK contracts keep coming

about 6 hours ago
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Palantir extends reach into British state as it gets access to sensitive FCA data

about 6 hours ago
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GB strike golden treble at world indoors with Hodgkinson, Hunter Bell and Caudery

about 2 hours ago
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Chessum makes Tigers purr on return from England duty as Bristol fall short

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