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

Top UK regulator sees no Trump-induced 'race to the bottom' on financial rules April 25, 2025 | Sofia Gerace

The chief of the Financial Conduct Authority said in a TV interview on Friday said he does not fear a "race to the bottom" prompted by Donald Trump's administration when it comes to deregulation of the financi... (more story)

UK transition finance risks losing focus amid competing pressures April 25, 2025 | Sofia Gerace

The UK's efforts to become a global leader in transition finance may be hindered by competing government priorities, warns Vanessa Havard-Williams, who recently chaired the Transition Finance Market Review. Th... (more story)

Cross-border banking groups see EU revamp rules for oversight bodies April 25, 2025 | Fanny Roux

The European Commission adopted an enforcement regulation concerning the functioning of oversight bodies supervising cross-border banking groups in the European Economic Area. The text will be published in the... (more story)

New UK bank resolution law nears completion after key parliamentary step April 24, 2025 | Sofia Gerace

A new law to allow the Bank of England to use funds from the banking industry to manage a bank failure has advanced in Parliament, following approval of its final version today by the House of Commons. The Ban... (more story)

‘Dear CEO’ letters to be retired next month, UK FCA says April 24, 2025 | Phoebe Seers

The UK’s financial services watchdog has promised to stop issuing portfolio letters — sent to groups of firms in similar business sectors warning them to take action or to refrain from certain actions — from A... (more story)

Capital One-Discover merger still under review in California, AG Bonta says April 23, 2025 | Alex Wilts

Capital One’s acquisition of Discover is still being reviewed by the California Department of Justice, California Attorney General Rob Bonta told MLex today.

AI uptake by UK financial sector will be nurtured with ‘supercharged sandbox' April 23, 2025 | Frank Hersey

Efforts to boost the UK financial sector’s uptake of AI means a focus on expanding the use of digital sandboxing with greater computing power, datasets and testing capabilities, the Financial Conduct Authority... (more story)

UK savings products reform won’t mandate domestic investments, minister says April 23, 2025 | Sofia Gerace

The UK government is considering reforms to Individual Savings Accounts, but won't require investments to be limited to the UK stock market, due to the importance of maintaining diversified portfolios, the min... (more story)

Comment View More

Biggest check on Trump's urge to fire Fed's Powell likely to be US markets April 17, 2025 | Neil Roland

As US President Donald Trump tries to expand control of the government by ousting Democrats at independent agencies, he now may be considering termination of the most influential financial regulator of all: US... (more story)

EY probe highlights risk when UK watchdog wields power to ‘reclaim’ audits April 16, 2025 | Phoebe Seers

News of a probe into EY’s audits of the UK postal operator highlights a little-used but significant power that the audit watchdog has to “reclaim” jurisdiction over audits of businesses over which it typically... (more story)

BOE governor Bailey to lead global watchdog as risks rise for non-banks April 15, 2025 | Sofia Gerace

As the Bank of England's governor Andrew Bailey is set to lead the Financial Stability Board, he faces the critical task of addressing risks from non-bank financial intermediaries. The global watchdog has been... (more story)

Cryptocurrency enforcement memo starts winding its way through US criminal cases April 15, 2025 | Samuel Rubenfeld

As the US Justice Department steps back from criminal enforcement of regulatory violations by the cryptocurrency industry, judges are starting to weigh whether the change could affect ongoing cases.

Capital markets growth mostly driven by national measures, Swedish minister says April 15, 2025 | Fanny Roux

National measures — such as tax incentives and pension system reforms — are the key to encouraging retail savers to invest in capital markets, a senior Swedish official told MLex. Speaking on the sidelines of ... (more story)

Shein should be able to realize London listing despite climate, labor questions April 11, 2025 | Sofia Gerace

News reports today that Chinese fast-fashion retailer Shein has won preliminary approval from the UK financial watchdog to list on the London Stock Exchange will please the government as a sign of regulators h... (more story)

US Fed nominee to testify as Congress eyes impact of Trump tariffs on bank capital April 08, 2025 | Neil Roland

When Michelle Bowman, the nominee to be the US Federal Reserve’s top regulator, appears before the Senate Banking Committee for her Thursday confirmation hearing, she will surely be asked about the impact on b... (more story)

Mediobanca's hope to fend off takeover bid from MPS relies on the EU's ECB April 07, 2025 | Jean Comte and Andrew Boyce

The Italian lender, Mediobanca, has labeled the takeover attempt by its rival, Monte dei Paschi di Siena, as hostile and hopes to have it rejected. However, the deal is unlikely to raise competition concerns d... (more story)