The UK's energy partner.

Learn more at equinore.

Good morning from the newsroom of the Financial Times.

Today is Thursday, August 22nd. Good morning from the newsroom of the Financial Times.

Today is Thursday, August 22nd,

and this is your FT news briefing.

The European Commission plans new rules on the use of facial recognition technology and the IMF has backed the scrapping of a

longstanding age restriction for its chief clearing the way for Christine Lagarde's replacement.

Plus, Emmanuel McCrone has abandoned the G7's joint final communique,

and minutes from last month's Federal Reserve meeting

reveal a split among officials over the US rate cut.

I'm Mark Filipino, and here's the news you need to start your day.

Brussels is taking steps to protect EU citizens from creeping public surveillance.

Sources told the FT that the European Commission is planning a new regulation.

It would give citizens explicit rights over the use of their facial recognition data.

It's part of an overhaul on how Europe regulates artificial intelligence.

One official said the plan would limit, quote,

the indiscriminate use of facial recognition technology by company. The being used. A spokesperson for the European Commission declined to comment, but the incoming

president of the Commission, Ursula von der Leyen, has said she will unveil new AI legislation

within her first 100 days in office.

Bulgaria's Krista Georgieva is one step closer to becoming the new head of the International

Monetary Fund.

...