Regulatory Oversight
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22 results
Conduct & Culture
Compliance allegations top FCA whistleblowing reports for 2024
Compliance issues topped the Financial Conduct Authority’s (FCA) whistleblowing data for the fourth quarter of 2024, published yesterday. Almost 21%...
Enforcement Actions
Jailed crypto ATM operator known to UK authorities for years before conviction
UK authorities knew about unauthorised crypto automated teller machine (ATM) operator Olumide Osunkoya for years prior to his conviction in...
Regulatory Oversight
Regulatory scrutiny, higher operating costs weigh on European payment firms
Intensified regulatory scrutiny and higher operating costs are weighing on the European and UK payment service provider (PSP) sector and...
Digital Assets
Central banks should launch CBDCs to ensure economic stability — report
Central banks should continue to develop sovereign digital currencies for the sake of economic stability, according to a new report,...
Digital Assets
Cryptos sound alarm on meme coins, but SEC unlikely to regulate
Considered a bit of a joke, even by hardcore proponents of cryptocurrencies, sentiment or ‘meme’ coins’, were thrust into the...
Americas
FINRAʼs outlook sees tech threat, tech promise
Finance firms are quickly moving ahead with generative artificial intelligence (AI) applications, but the Financial Industry Regulatory Authority (FINRA) has...
Regulatory Oversight
Lawmakers demand answers over sudden exit of chief financial ombudsman
The chairs of the Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) have both been asked to provide...
Operational Resilience
UK lawmakers demand details of banks’ IT glitches
The Treasury Select Committee has asked the CEOs of the UKʼs nine biggest banks to provide details on the “scale...
