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MODEL CAR surrounded by BRITISH BANKNOTES

Challenges to UK car finance redress plan risk ‘fresh uncertainty,’ FCA warns

Trump backing of Fed probe backfires as Powell digs in, will stay on as governor

A car finance still life on slate, with a car, coins, calculator and sterling money

UK car-finance lenders opt for certainty over court fight with FCA

Insight View More

US banking regulators mulling how to supervise Anthropic’s Mythos AI, Bowman says May 01, 2026 | Neil Roland

US banking regulators are considering supervisory approaches for Anthropic’s Mythos AI model and other third-party risk management guidance to be applied to banks, said Michelle Bowman, the Federal Reserve’s v... (more story)

Challenges to UK car finance redress plan risk ‘fresh uncertainty,’ FCA warns May 01, 2026 | Sofia Gerace

The UK’s financial regulator on Friday defended its car finance redress plan in the face of four legal challenges now ranged against it, saying they create “fresh uncertainty” for consumers and the car finance... (more story)

More than 80 Indonesian lenders contest record cartel decision in court April 30, 2026 | Roffie Kuniawan

More than 80 Indonesian online lending companies petitioned the Jakarta Commercial Court on Thursday to overturn the Indonesian competition regulator's largest cartel ruling to date. A lawyer representing one ... (more story)

Warsh nomination as US Fed chair advanced by panel in party-line vote April 29, 2026 | Neil Roland

Kevin Warsh’s nomination as US Federal Reserve chair was advanced in an acrimonious Senate Banking Committee vote along party lines, as a Fed historian called the Trump pick “the most partisan nominee for that... (more story)

EU securitization deal close to being secured in European Parliament April 29, 2026 | Fanny Roux

Socialists and Democrats in the European Parliament are considering endorsing the lead negotiator's compromise on a revamped securitization framework, MLex understands. The S&D group is due to confirm its endo... (more story)

UK government granted powers to direct pension funds’ investments under new law April 29, 2026 | Sofia Gerace

A new UK pensions bill including a reserve power to direct pension funds’ investment is set to become law after lawmakers agreed on a final text late on Tuesday. The bill includes a reserve power allowing the ... (more story)

South Korea expands conglomerate list, designates Coupang founder as 'same person' April 29, 2026 | Jenny Lee

South Korea’s antitrust regulator designated 102 business groups as disclosure-target conglomerates for 2026, up from 92 a year earlier, adding groups including Kolmar Korea, Orion and Toss. The Korea Fair Tra... (more story)

Senate Banking Committee to vote to clear Warsh’s nomination as US Fed chair April 28, 2026 | Neil Roland

The Senate Banking Committee is set to vote Wednesday to forward the controversial nomination of Kevin Warsh to be US Federal Reserve chair to the Republican-controlled Senate for confirmation by May 15. That ... (more story)

Comment View More

Trump backing of Fed probe backfires as Powell digs in, will stay on as governor April 30, 2026 | Neil Roland

President Donald Trump's decision to endorse the criminal investigation of cost overruns at the US Federal Reserve under Chair Jerome Powell, whom he sought to remove, appears to have backfired. On Wednesday, ... (more story)

UK car-finance lenders opt for certainty over court fight with FCA April 27, 2026 | Sofia Gerace

The UK’s financial regulator has been given some relief in its push to roll out a sweeping redress plan for the car-finance mis-selling scandal, after the industry’s main trade body confirmed it would not moun... (more story)

EU banking sector narrative on softer US rules faces pushback in Brussels April 24, 2026 | Fanny Roux

EU regulators and economists are pushing back against the banking sector's claims that looser US capital rules create unfair competition, arguing that the US Basel III framework remains stricter than Europe's.... (more story)

Securitization deal among EU lawmakers still not secured as May 5 vote looms April 20, 2026 | Fanny Roux

Ralf Seekatz, an EU lawmaker from the center-right European People’s Party, faces a tight deadline to secure support from several political groups for a revamped securitization framework ahead of a May 5 vote.... (more story)

New EU banking chief Michaud faces competitiveness hurdles amid global risks April 16, 2026 | Fanny Roux

The new chief of the European Banking Authority, François-Louis Michaud, is set to simplify banking oversight while addressing challenges from digital innovations and enhancing banking competitiveness. He emph... (more story)

Which policy direction for post-Orbán Hungary? April 14, 2026 | Luca Bertuzzi

Hungary’s new government under Péter Magyar is expected to reset relations with the EU, pursue judicial reforms to unlock frozen funds and dismantle key Orbán-era institutions. While maintaining some continuit... (more story)

What can UK banks expect as Barclays exec Braddick takes regulatory reins? April 10, 2026 | Sofia Gerace

Former Barclays executive Katharine Braddick takes the helm of the UK’s prudential regulator this July, ushering in a new five-year chapter after a decade under the leadership of Sam Woods. With a wealth of ex... (more story)

UK car finance saga has a way to run with legal challenges looming March 31, 2026 | Sofia Gerace

UK banks and other lenders digesting the repercussions of the £9.1 billion car finance compensation plan unveiled in final form by the financial watchdog this week will have an eye on the likelihood of a flurr... (more story)

Official Statement View More

US senators banned from using prediction markets May 01, 2026
Reported Tether loan to Lutnick trust questioned by US Democratic senators April 30, 2026
Delta Dental agrees to pay $2.25m to resolve New York allegations over data breach April 30, 2026
Clearing houses face fresh EU stress test on crisis readiness April 30, 2026
UK guidance on fund tokenization published by FCA April 30, 2026
Uphold to pay $5m to settle NY allegations of promoting crypto fraud scheme April 29, 2026
Top Dems urge US Fed to rescind stress testing proposals April 29, 2026
US CFTC sues Wisconsin, claiming exclusive jurisdiction over prediction markets April 29, 2026
EU securitization compromise text presented in EU Parliament for last talks April 29, 2026
EU banking supervisors get updated guidance on governance, independence April 29, 2026
Mercedes, Volkswagen challenge UK FCA’s car finance redress plan April 29, 2026
EU ESG rating providers invited to comment on new guidance regarding non-EU ratings April 29, 2026
Spain, Poland face EU action over anti-money laundering updates April 29, 2026