Crisis-era regulation has 'gone too far', UK's Reeves tells finance sector
Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain's "crown jewel" financial ...
Rachel Reeves vows to rip up financial red tape and create pension ‘megafunds’ in first Mansion House speech
In her first Mansion House speech as Chancellor, Rachel Reeves announced plans for megafunds which she said could unlock £80 ...
‘Britain’s Bernie Madoff’ ran country’s biggest ever Ponzi scheme
A group of men ran what is thought to be Britain’s biggest ever Ponzi scheme, the High Court has ruled, in a case that saw ...
UK watchdog urges Supreme Court to act as $21 billion motor finance scandal looms
Britain's Financial Conduct Authority is pressing the Supreme Court to expedite a decision to permit lenders to appeal a ...
Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator
The UK government plans to leave scrutiny of Shein’s pursuit of a stock listing in London to the country’s financial ...
Failed London Capital & Finance was Ponzi scheme, High Court rules
By Kirstin Ridley LONDON (Reuters) -British investment firm London Capital & Finance (LCF), whose failure in 2019 triggered ...
Motor Trader3m
Martin Lewis sees ‘potential’ for doubling of motor finance claims
Money expert Martin Lewis has hit the headlines again claiming that the Financial Conduct Authority (FCA) review of motor ...
Which? Money podcast: we reveal the banks that you should switch to
We reveal who tops the list, and the banks we recommend. On this episode of the podcast, Lucia Ariano is joined by Which?
ITWeb3h
Financial sector faces pressure to meet FSCA Cyber Resilience Standards
Through its collaboration with Arctic Wolf, Troye offers solutions to meet FSCA compliance requirements and improve ...
Rachel Reeves unveils 'pro-growth' shake-up of excessive City regulation and red tape
Chancellor tells the City she is “clear that the financial services sector must play a central part in our economic vision ...
Central Banking1d
Cyber Resilience Initiative: UK Financial Conduct Authority and World Economic Forum
The initiative has been recognised as the first global effort to co-ordinate industry and regulatory transition to quantum ...
American Banker14h
U.K. pressures big tech as bank resiliency struggles
The Financial Conduct Authority plans to regulate specific technology products that banks use to process payments and require testing. That and more in our global payments roundup.