UK Regulation
Regional regulation has global consequences ― Stay abreast of the latest UK regional compliance and regulation news.
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27 results
Compliance
FCA prepares for industry-wide motor finance redress scheme, cuts out claims firms
The UK Financial Conduct Authority (FCA) looks likely to impose an industry-wide redress scheme for mis-sold car finance, as this...
Operational Resilience
UK’s largest banks paid customers £6.2 million after IT outages; January incident could see this double
The UK’s largest nine banks collectively paid their customers £6.2 million following IT failures in the past two years, according...
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%...
Compliance
Q3 complaints to Financial Ombudsman leap 40%
The UK Financial Ombudsman Service (FOS) received 20,000 more complaints in Q3 2024/25 than in the same quarter the previous...
UK Regulation
UK competition watchdog to have final say on big tech dominance of digital wallets
The Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR) are to leave the decision on whether to intervene...
Regulatory Reform
UK chancellor urged not to get bogged down reviewing regulators
Chancellor of the Exchequer Rachel Reevesʼ audit of 130 UK watchdogs should not slow down regulatory reform, said industry experts...
Financial Crime
Dating sites and social media platforms are on PSR watchlist
Dating websites and social media platforms are under scrutiny as “originators” of fraud, according to the UK Payment Systems Regulator...
Financial Market Infrastructure
Resilience tops Bank of England’s priority list for FMIs
Operational resilience of the UK’s financial infrastructure will be a key focus of the Bank of England, as the March...
