This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Financial Services

Insight View More

Frank founder, executive lied to sell firm, US argues at close of fraud trial March 27, 2025 | Samuel Rubenfeld

The founder of tech startup Frank and the firm’s chief growth officer lied to banks about the size of its userbase, the very thing that had made the company valuable, prosecutors said today in their closing ar... (more story)

US SEC nominee Atkins, OCC pick Gould say they want to restore innovation to economy March 26, 2025 | Neil Roland

Paul Atkins, President Donald Trump’s nominee for US Securities and Exchange Commission chair, and Jonathan Gould, the pick for Office of the Comptroller of the Currency chief, say in prepared remarks to the S... (more story)

UK set to reform savings accounts to spur stock-market investment March 26, 2025 | Sofia Gerace

The UK government is set to reform Individual Savings Accounts — ISAs — as it seeks to channel retail investment away from cash and into stock-market investments. The finance ministry said in a statement that ... (more story)

UK risks being left behind on digital assets, shadow minister says March 26, 2025 | Phoebe Seers

The UK is at risk of being left behind when it comes to the regulation and adoption of digital assets, the shadow financial services minister Mark Garnier said today, a day after US President Donald Trump’s fa... (more story)

EU bank crisis management framework remains in debate; more talks on April 28 March 25, 2025 | Fanny Roux

EU lawmakers and governments negotiating an overhaul of the bloc's bank crisis management and deposit insurance framework failed to make a breakthrough in a fifth session of talks today and will hold another m... (more story)

Meta in 'last chance saloon' on fraud, UK lawmaker Charters says March 25, 2025 | Phoebe Seers

Social media platforms like Meta have been warned they are in the “last chance saloon” when it comes to their inaction on fraud. Luke Charters, a Labour lawmaker and former regulator, said now is the time for ... (more story)

UK payments regulator’s policy head Fitzgerald quits March 25, 2025 | Phoebe Seers

Kate Fitzgerald, head of policy at the UK Payment Systems Regulator and architect of its fraud-reimbursement regime, is leaving the regulator at the end of April, MLex has learned. News of her departure comes ... (more story)

UK financial sector to see regulator scrap 'outdated' guidance March 25, 2025 | Sofia Gerace

Britain's financial services sector will see the UK Financial Conduct Authority retire over 100 pages of guidance which it says is "outdated," following calls from both the government and the industry for the ... (more story)

Comment View More

Concerns about lost focus on payments are reasonable, UK regulator says March 26, 2025 | Phoebe Seers

Concerns that a move to abolish the UK’s dedicated payments regulator could result in less focus on payments are “absolutely reasonable,” a senior official from that regulator has said. “If we don’t think abou... (more story)

On EU-level financial supervision, leaders make steps but uncertainty remains March 21, 2025 | Fanny Roux

Regulatory changes to EU financial services are needed to “create truly integrated and deeper European capital markets, by achieving the Capital Markets Union as a matter of urgency,” EU leaders concluded at t... (more story)

Removal of US FTC commissioners stirs court fight on presidential power March 19, 2025 | Claude R. Marx and Dwight A. Weingarten

US President Donald Trump’s firing of Democratic Federal Trade Commission members Alvaro Bedoya and Rebecca Kelly Slaughter is setting up a likely Supreme Court fight that could dramatically reshape the executive branch.

Is EU-level financial oversight growing on governments? Look for clues tomorrow March 19, 2025 | Fanny Roux

Strengthening EU-wide supervision of financial services is back on the agenda for the European Commission, which today put forward proposals as part of its “Savings and Investment Union.” Some EU member states... (more story)

Will UK crypto sector get a real choice over consumer duty or bespoke rules? March 19, 2025 | Phoebe Seers

Responses to a recent consultation on a future UK regulatory regime for cryptoassets show the industry is divided on whether the Consumer Duty, which requires firms to secure good outcomes for consumers, is en... (more story)

Chief UK regulator warns market must be ready for ‘more things to go wrong’ March 18, 2025 | Sofia Gerace

As the UK government asks regulators to help grow the economy and take more risk, the market needs to be ready for “more things to go wrong,” according to Nikhil Rathi, the chief of the UK Financial Conduct Au... (more story)

Why New Zealand is broadening its antitrust focus beyond the grocery sector March 18, 2025 | Saloni Sinha

A push by New Zealand’s center-right government to reinvigorate antitrust policy and enforcement may be driven by a belief, put forward recently by the Organization for Economic Cooperation and Development, th... (more story)

Canada accelerates timeline for anti-money laundering regulatory changes March 17, 2025 | Samuel Rubenfeld

The Canadian government has moved up its timeline for changes to its anti-money laundering regulatory regime, bringing them into force on April 1 – six months earlier than originally proposed. Companies subjec... (more story)