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)
IMF says Anthropic’s Mythos AI model poses cyber threats with financial stability risks
May 07, 2026
| Neil Roland
Anthropic’s Mythos AI model enables cyber attacks with extreme financial stability ramifications when intruders’ capabilities exceed defenses, underscoring the need for a host of global counter-measures, an In... (more story)
Banking groups say US senators' stablecoin yield compromise 'falls short’
May 06, 2026
| Neil Roland
Banking groups said a proposed stablecoin compromise agreed to by Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks still “falls short,” prompting a response from the senators that they “... (more story)
FSB says private credit risk found in firms’ links with banks, other institutions
May 06, 2026
| Neil Roland
Interconnections between private credit funds and banks, insurers, asset managers, and private equity firms are deepening — especially in the US, the EU and the UK — presenting greater risks to the financial s... (more story)