FCA’s Chief Executive warns that AI-driven criminal activity is turning FC into a national security threat, accelerating the push for technology-driven enforcement and greater intelligence sharing

At the FCA Financial Crime Conference, Nikhil Rathi signalled a major shift in the FCA’s approach to FC, warning that AI-enabled, globally connected criminal networks are increasingly blending fraud, cybercrime, money laundering, sanctions evasion, and hostile-state activity at industrial scale, turning financial crime into a national security issue. The speech highlighted the FCA’s growing focus on intelligence-led supervision, AI-driven analytics, advanced surveillance tools, expanded public-private information sharing, and deeper international coordination…