For any queries, please contact Customer Services or your Account Manager. Dismiss
Financial Services
Editor's Picks
-
Legislation to bring UK crypto activity within regulatory perimeter published
Draft legislation that seeks to define cryptoassets and stablecoins — and to bring certain activities related to them within the regulatory perimeter — has been pub... (more story)
-
UK prudential watchdog weighs shift from tech-neutral rules amid rise of AI
The Prudential Regulation Authority, the regulatory arm of the Bank of England, is internally debating whether to shift from its tech-agnostic approach, due to the ... (more story)
-
Former Smartmatic executive gave US leads amid early cooperation on bribery
A former Smartmatic executive’s early cooperation with US authorities gave the government new leads as they investigated a bribery scheme involving the voting machi... (more story)
Insight View More
Social media platforms must do more to take down illegal content online, a UK financial watchdog official said today. Lucy Castledine singled out Meta as particularly slow to respond to requests to remove acco... (more story)
EU member states decided today that they would not amend a recent proposal from the European Commission to maintain the current rules on liquidity requirements for short-term securities financing transactions.... (more story)
Visa and Mastercard face a UK lawsuit from a large number of companies, including Essendi, formerly known as AccorInvest. The action — the latest in a series of suits targeting the payment-card giants — was fi... (more story)
The European Central Bank's supervision arm has set up a task force to recommend ways to simplify the European banking oversight framework while maintaining the current level of bank resilience, the ECB told M... (more story)
The chances of variable recurring payments becoming a reality this year has inched forward with the announcement that 31 companies have committed to funding the endeavor. VRPs are a new type of account-to-acco... (more story)
The UK Parliament's influential Treasury committee issued a report following an inquiry into cash acceptance and said that the most vulnerable people in society will bear the costs if the country were to becom... (more story)
US Supreme Court justices asked tough questions of both parties today in a case aimed at determining if uninjured parties can be part of a certified class in class-action litigation. And for the most part, the... (more story)
A US Federal Reserve study of six key drivers of uncertainty and their impact on economic activity and financial conditions since 1990 finds that trade policy protrudes far beyond the others. The mid-April tim... (more story)
Comment View More
UK banks and insurers received updated climate-risk guidance from the Bank of England's supervisory arm today, just as the UK government itself was being dressed down for being unprepared to face climate chang... (more story)
The UK cryptoasset industry breathed a collective sigh of relief yesterday afternoon with sight of long-promised legislation laying the path toward a regulated sector. It broadly met industry expectations and ... (more story)
Mediobanca yesterday revealed a bid for rival Banca Generali, adding complexity to dealmaking in the Italian baking sector, in which Mediobanca is itself a target of Banca Monte dei Paschi di Siena, or MPS. It... (more story)
Major UK lenders are jumping on a pro-growth bandwagon, with HSBC, Santander UK, Lloyds and NatWest urging that burdensome ring-fencing rules be ditched to let them cut costs and offer more attractive services... (more story)
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)
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)
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)
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.