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Banking Compliance

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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...
By Lindsey Rogerson 4th March 2025
Q3 complaints to Financial Ombudsman leap 40%

Risk Management

Banks need active social media response to viral ‘free moneyʼ posts, misinformation

Banks need to be much more nimble in responding to viral social media posts spreading misinformation about their businesses. While...
By Niece Prayoonrat 25th February 2025
Banks need active social media response to viral ‘free moneyʼ posts, misinformation

Risk Management

European supervisor stress tests banks for resilience to trade wars

The European Banking Authority’s (EBA) biannual stress test kicked off this week. Last run in 2023, this yearʼs test will...
By Lindsey Rogerson 21st January 2025
European supervisor stress tests banks for resilience to trade wars

UK Regulation

UK prudential regulator delays Basel 3.1 again, pauses data collection request

On January 17, the Prudential Regulation Authority (PRA) delayed the implementation date for Basel 3.1 until January 2027 — the...
By Lindsey Rogerson 20th January 2025
UK prudential regulator delays Basel 3.1 again, pauses data collection request

Banking Compliance

UK regulators need scale-up units to help challenger banks thrive

Experts have backed a call for the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to create dedicated...
By Lindsey Rogerson 15th November 2024
UK regulators need scale-up units to help challenger banks thrive