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Italian authorities have seized €20m (£17.3m) of assets in Tuscany, including property, vineyards, and olive groves, allegedly bought with money embezzled from the actor Ursula Andress.Andress, 90, had filed a complaint in her native Switzerland alleging a “progressive and significant depletion of her assets” by individuals charged with managing her finances, Italy’s financial crimes police said in a statement on Thursday.Prosecutors in the Swiss canton of Vaud built a picture of a “systematic misappropriation of financial resources” worth about 18m Swiss francs carried out through multiple, opaque transactions, the police said. The money was traced to Italy, where prosecutors in Florence took up the case and police began following the paper trail.They tracked it to San Casciano in Val di Pesa, near Florence, and a real-estate complex consisting of 11 units and 14 plots of land used as vineyards and olive groves, as well as works of art and other assets, the statement said. The judge for preliminary investigations of the court of Florence ordered the seizure of the entire illicit profit, up to the amount of CHF 18,000,000, to be enforced against the identified assets.No suspects were identified in the statement. Andress surged to fame thanks to a scene in the 1962 James Bond movie Dr No, in which she emerged from the sea on to a Caribbean beach in a white bikini, knife at her hip and a seashell in each hand.

UK MPs have called on the government to halt a contract with Palantir, a US-based spy-tech company, after it was revealed that the firm will gain access to a vast trove of highly sensitive UK financial regulation data. The Financial Conduct Authority (FCA), the watchdog overseeing thousands of financial bodies, has hired Palantir to apply its AI systems to two years' worth of internal intelligence data to help tackle financial crime. However, the Liberal Democrats and Green party have raised concerns over Palantir's ties to Donald Trump and the potential risks to national and economic security. The Liberal Democrats have called for a government investigation into the contract, citing concerns that it could be "a huge error of judgment". Palantir, founded by Peter Thiel, a billionaire supporter of Trump, has built up over £500m in contracts in the UK, including with the NHS, police, and Ministry of Defence. The company supports the US and Israeli militaries and the ICE immigration crackdown. Insiders at the FCA have questioned whether there are sufficient safeguards in place to prevent the data from being exploited. There are concerns about the potential for data about sensitive FCA investigations into high-profile figures to be accessed during Palantir's work. The FCA has insisted that Palantir will be a "data processor", not a "data controller", meaning it can only act on instruction from the regulator. The FCA will retain exclusive control over the encryption keys for the most sensitive files, and the data will be hosted and stored solely in the UK. Despite these assurances, MPs have expressed concerns over the risks associated with the contract. Daisy Cooper, the Liberal Democrats' Treasury spokesperson, called for an investigation into the FCA's Palantir contract, citing concerns over Palantir's ties to Trump. The Green party MP Siân Berry has called for the government to "step in immediately and protect our national and economic security by blocking this contract award". Palantir has denied claims that it may "use customer data for our own purposes", stating that this is "something that we have no business interest in, and that we are legally and contractually prevented from doing".

Palantir, a Miami-based company backed by billionaire Peter Thiel, has secured a three-month trial contract with the Financial Conduct Authority (FCA) to analyze a vast amount of sensitive UK financial regulation data. The deal, worth over £30,000 per week, aims to help the FCA tackle financial crimes such as fraud, money laundering, and insider trading.The FCA has awarded Palantir the contract to investigate its internal intelligence data, which includes highly sensitive case intelligence files, information on problem firms, and reports from lenders about proven and suspected frauds. Palantir will apply its AI system, known as Foundry, to huge quantities of information held by the watchdog, including recordings of phone calls, emails, and social media posts.The contract has raised concerns about privacy and the company's ethical reliability. One source expressed concerns that Palantir may share the information it learns from the FCA with other parties. Palantir's technology is used by the Israeli military and in the US president's ICE immigration crackdown, leading to criticism from left-wing MPs.The FCA has stated that it has strict controls in place to ensure data is protected and that Palantir will only act on instruction from the regulator. The data will be hosted and stored solely in the UK, and Palantir will have to destroy the data after completion of the contract.Experts have highlighted the potential benefits of using AI to tackle financial crimes, but also emphasized the need for robust protocols to protect sensitive information. Prof Michael Levi, an expert in money laundering, noted that AI is a potentially valuable technology to tackle financial crimes, but also raised concerns about the ownership and control of the data.