Global financial watchdog sets out 12-point plan for responsible AI adoption
June 10, 2026
| Sofia Gerace
The Financial Stability Board has proposed a set of 12 practices aimed at helping financial institutions adopt artificial intelligence responsibly, as regulators across jurisdictions seek to balance innovation... (more story)
US FDIC’s Hill unveils eased resolution plan for failed banks
June 09, 2026
| Neil Roland
Travis Hill, the head of the US Federal Deposit Insurance Corp., unveiled preparations to scale back resolution plan requirements for large banks and to reduce these firms’ deposit insurance assessments. As pa... (more story)
Woodford's W4.0 venture 'surprised' by UK regulator's threat of court action
June 09, 2026
| Martin Coyle
Former UK fund manager Neil Woodford’s investment "news and views" service, W4.0, has pushed back at the financial regulator over its plan to take legal action against it for potentially offering investment ad... (more story)
US SEC, CFTC adopt standards for data reported by firms
June 08, 2026
| Neil Roland
The US Securities and Exchange Commission and the US Commodity Futures Trading Commission established technical standards for data submitted to some financial regulators under a 2022 law. The two agencies were... (more story)
FTX founder Bankman-Fried applies for Trump pardon
June 08, 2026
| Samuel Rubenfeld
Samuel Bankman-Fried, the founder of FTX who was sentenced to 25 years in prison for stealing billions of customer deposits and investor funds provided to his cryptocurrency exchange, has asked President Donal... (more story)
UK banks call for closer financial services 'partnership' with EU ahead of summit
June 08, 2026
| Sofia Gerace
The UK banking and finance industry is pushing the government to enhance regulatory ties with the EU in financial services as part of efforts at a leaders’ summit for next month intended to "reset" the UK-EU r... (more story)
EU lawmakers close in on digital euro deal ahead of key vote
June 08, 2026
| Helena Freitas
The draft digital euro regulation has cleared a key hurdle in the European Parliament, after lawmakers reached agreement on core provisions. Technical work will continue this week before a committee vote on June 23.
UK regulator takes further action against ex-star fund manager Woodford
June 08, 2026
| Martin Coyle
Former star fund manager Neil Woodford faces further action by the UK’s financial regulator over a subscription-based investment platform set up following the collapse of his eponymous fund. Woodford was banne... (more story)