UK plans legislation to streamline financial services regulation
May 13, 2026
| Martin Coyle
The UK government has announced plans for legislation to consolidate the regulatory framework for financial services so firms deal with fewer overlapping watchdogs, have clearer accountability, and benefit fro... (more story)
UK businesses to get sandboxes, growth duty expands under regulatory reform bill
May 13, 2026
| Patricia Figueiredo
UK businesses can expect regulators to be given stronger duties to support economic growth and new powers to temporarily relax rules for testing AI under legislation announced Wednesday. The proposed Regulatin... (more story)
US Senate Banking Committee unveils crypto market-structure bill drawing banks’ ire
May 12, 2026
| Neil Roland
The US Senate Banking Committee unveiled a cryptocurrency market-structure bill for markup Thursday that contains a bipartisan interest-rate provision that inflamed banking groups and was hailed by crypto firm... (more story)
Give UK regulators more ‘political cover’ to push growth agenda, lawmakers urge
May 12, 2026
| Patricia Figueiredo
UK regulators need greater “political cover” if they are to take a less risk-averse approach and back ministers' economic growth agenda, lawmakers have warned. Ahead of the government unveiling its next legisl... (more story)
US Fed revamping its infrastructure to cope with AI, legislative changes, Waller says
May 11, 2026
| Neil Roland
The US Federal Reserve is revamping its aging infrastructure to cope with artificial intelligence and legislative changes over the years, Governor Christopher Waller said. Waller, who oversees Fed operations, ... (more story)
US SEC to draft crypto rules to provide clarity for expanding market base
May 08, 2026
| Neil Roland
The US Securities and Exchange Commission plans to propose numerous rules to provide clarity for the growing number of market participants, including trading systems and broker-dealers, moving on to blockchain... (more story)
UK stockbroker jailed for money laundering sent back after repayment shortfall
May 08, 2026
| Martin Coyle
A British stockbroker who was jailed for six years by a UK court in 2021 for money laundering offenses and was released last year has been jailed again after failing to pay back £180,000 owed in a confiscation order.
UK lenders warned to prepare for collapse of car finance compensation plan
May 08, 2026
| Sofia Gerace
The UK's Financial Conduct Authority has warned lenders to prepare for the possible collapse of its car finance compensation plan, with legal challenges to the watchdog’s redress plan unlikely to be heard befo... (more story)