UK financial watchdogs drop diversity and 'name and shame' reforms
Britain's top financial regulators have scrapped proposed new rules to boost diversity and inclusion in the industry, and ...
UK payments regulator to be abolished and absorbed by financial watchdog
Britain's payments regulator will be abolished and its remit absorbed by another financial regulator, the government said on ...
UK Watchdogs Abandon Diversity Work After Backlash from Bankers
Top UK regulators abandoned proposals to boost diversity across financial firms as they lean into the Labour government’s ...
Britain's financial watchdog "likely to consult" on motor finance redress
Britain's Financial Conduct Authority on Tuesday said it would likely consult on an industry-wide scheme to compensate motor ...
Regulatory Outlook: What deregulation and simplification mean for regulators in the UK, EU, and Middle East
While there is a new focus on deregulation and simplification for regulators globally, the regulatory landscape is likely to ...
What Drove The February China Equity Rally?
China equity rallied on the back of monetary and fiscal stimulus in September 2024, but the rally began to fade from October ...
Barclays Chair told FCA Epstein-Staley ties did not need board review in 2019
By Stefania Spezzati, Iain Withers and Sam Tobin LONDON (Reuters) -Barclays chairman Nigel Higgins believed the bank's former ...
Former Barclays CEO Jes Staley admits he had sex with Jeffrey Epstein assistant
The former JPM executive gave evidence to London’s Upper Tribunal as he appeals against a proposed financial services ban.
Former Barclays CEO Jes Staley slept with Jeffrey Epstein’s assistant, court hears
LONDON - Former Barclays boss Jes Staley had sex with a member of serial paedophile Jeffrey Epstein's staff, the banker told ...
Pensions & Investments7h
U.K. watchdog drops ‘name and shame,’ diversity and inclusion proposals
The U.K.'s financial watchdog has dropped plans to name and shame firms it is investigating at an early stage amid a “lack of ...
Crowdfund Insider8h
FCA Targets Regulatory Clarity to Enable Responsible AI Adoption in UK Banking
UK’s Financial Conduct Authority (FCA) is stepping up efforts to address relatively slow adoption of artificial intelligence ...
JD Supra1h
Good job, but keep going: UK FCA’s review of vulnerable customer treatment
During 2024, the Financial Conduct Authority (FCA) carried out a review of firms’ treatment of customers in vulnerable circumstances. After a lengthy ...