FCA’s Palantir deal could expose UK financial data to Trump’s US, critics fear

Exclusive: MP and campaigners say sensitive citizen and company data could be subject to US disclosure laws

The UK’s financial watchdog is being urged to prove its relationship with the US tech company Palantir will not provide the Trump administration with backdoor access to troves of sensitive citizen and commercial data.

A US law that can oblige tech companies to disclose information to American authorities may apply to Palantir’s deal to help the Financial Conduct Authority detect crime, Martin Wrigley MP, a member of the House of Commons science and technology select committee, has warned.