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Financial Services

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Anthropic's AI sandbox with UK's FCA joined by pensions, open banking providers July 22, 2026 | Maciej Boguslawski and Patricia Figueiredo

Pensions provider Scottish Widows and open banking platform TrueLayer are among the companies selected for the UK Financial Conduct Authority’s second AI sandbox program, the regulator said Wednesday, as it an... (more story)

Comporti backed by EU ambassadors to be next ESMA chair July 22, 2026 | Fanny Roux

A majority of EU ambassadors on Wednesday backed Carlo Comporti's appointment as chair of the European Securities and Markets Authority, clearing the way for European Parliament confirmation and formal adoptio... (more story)

Deutsche Bank raided in Frankfurt over Postbank transactions July 22, 2026 | Martin Coyle

Deutsche Bank has been targeted by German prosecutors who raided its Frankfurt headquarters on Wednesday, concerning transactions involving Postbank, of which Deutsche had taken majority ownership in 2010. The... (more story)

US FinCEN chief pressed by lawmakers of both parties to raise AML reporting cutoffs July 21, 2026 | Neil Roland

Senior US Treasury officials may take steps to raise the 1970 threshold for banks to file Suspicious Activity Reports and Currency Transaction Reports, though this measure wasn’t included in a related rule pro... (more story)

US drops part of former Goldman banker's bribery case ahead of trial July 21, 2026 | Samuel Rubenfeld

Federal prosecutors told a US judge on Tuesday they will drop one element of the bribery scheme alleged in a corruption case against a former Goldman Sachs banker. At the final pretrial conference in federal c... (more story)

EU banking plans welcomed, but financial industry also wants quicker actions July 20, 2026 | Fanny Roux

The financial sector broadly welcomes the European Commission's strategy to streamline the banking framework, particularly its commitment to simplify capital requirements and facilitate cross-border operations... (more story)

Warsh’s US Fed AI task force draws fire over his picks from senators, academic July 17, 2026 | Neil Roland

US Federal Reserve Chair Kevin Warsh’s new artificial intelligence task force drew fire for its composition from two Senate Democrats and a Fed historian. Warsh pushed back and said his three-member panel, who... (more story)

Bank mergers will see prompt EU action against national meddling, Albuquerque says July 17, 2026 | Nicholas Hirst

The EU's financial services chief said on Friday that the European Commission would up its vigilance of actions by national governments that might hamper consolidation in the banking sector. “We will act faste... (more story)

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EU Commission cautiously frames sensitive debate on banking reforms July 17, 2026 | Fanny Roux

The European Commission's banking competitiveness report, published on July 17, is set to revive decade-old debates on the bloc's single rulebook. It outlines plans for lenders, including freer flow of capital... (more story)

Kickoff for cloud giants' new UK oversight regime spotlights its novel approach July 17, 2026 | Maciej Boguslawski

Amazon Web Services, Google Cloud, Microsoft and Oracle have, as expected, become the first cloud companies in the UK to be designated as “critical” by UK financial regulators, who are looking ever closer at t... (more story)

EU govts committed to market integration deal by October, with refocused talks July 10, 2026 | Fanny Roux

EU finance ministers on Friday committed to reaching an agreement by October on the Market Integration and Supervision Package. Ireland is steering focused negotiations on core provisions — including the scope... (more story)

Indonesia's crypto overhaul shifts challenge to implementation July 10, 2026 | Roffie Kuniawan

Indonesia has completed its shift to centralized regulation of crypto and digital financial assets under the Financial Services Authority, or OJK. The reforms promise greater legal certainty and a broader regu... (more story)

Rising tide in UK sanctions enforcement signaled by intelligence-sharing deal July 09, 2026 | Maciej Boguslawski

Sanctions enforcement is rising up the agenda in the UK, most recently with the country’s largest penalty to date for a breach of financial sanctions on Russia over its Ukraine war. In this context, a recent m... (more story)

Lawmakers warmer toward more EU-level capital markets oversight than govts July 03, 2026 | Fanny Roux

EU lawmakers are pushing for more EU-level oversight of capital markets than national governments in a jumbo legislative package which aims to foster a more efficient, integrated, and competitive financial sys... (more story)

Heinäluoma’s plan for EU-level oversight of asset managers faces backlash July 01, 2026 | Fanny Roux

Asset managers are pushing back against a key EU lawmaker's proposal to bring them under direct supervision by the European Securities and Markets Authority, calling it unwarranted and contrary to EU competiti... (more story)

UK financial regulators’ tone shifts on AI after frontier models access shock July 01, 2026 | Patricia Figueiredo

UK financial regulators are sharpening warnings over AI risks, including whether existing frameworks can manage increasingly autonomous systems and cyber threats. The shift, flagged in recent speeches by top B... (more story)