Can a focus on digital and a fresh emphasis on ethical finance revitalise the UK's Islamic finance industry?
The Financial Conduct Authority expects the Consumer Duty to lead to a major shift in financial services. Wholesale firms will need to ensure they are ready to implement the changes required to comply.
A new group of start-ups, fintechs included, have been selected for the Libra 2.0 programme, but rumours that the next UK government grant could go to a high street bank are troubling its participants.
The US, EU and UK have imposed an increasingly complex regime of sanctions on Russia as the war in Ukraine has evolved.
The United Arab Emirates is consolidating its standing on the international stage as it leans towards reciprocity of enforcing judgements from the UK.
Inflation and the rocketing cost of living are putting a strain on spending, creating issues for consumers and firms alike.
The UK’s financial watchdog is introducing new rules to its appointed representatives regime amid consumer-harm concerns.
As climate change threatens increased risk of floods, banks and insurers have a responsibility to galvanise their insurance policies.
Huge growth in digital payments during the Covid-19 pandemic points to a longer-term trend, with physical payments set to gradually wane.
The war of words between the UK government and banks about extensive losses over government-guaranteed loans during Covid-19 has escalated.
The UK banking sector had a strong year in 2021, as the economy rebounded with impressive growth. Burhan Khadbai reports.
When expanding into the UK, US institutions need to be aware of differences in employment law, as well as culture.
Total planned Brexit-related moves in UK financial services sector drop by almost 60% from peak in 2016. Burhan Khadbai reports.
Al Rayan Bank’s CEO, Giles Cunningham, on the growth prospects for Islamic Finance in the UK, the bank’s pivot towards commercial property and the prospects for sharia-compliant banking in the UK.
Surge in profits driven by pandemic rebound and M&A bonanza unlikely to last, say analysts.
UK financial watchdog has shown it will use criminal rather than just civil regulatory powers to go after a bank that has fallen short on compliance.
Banks may be affected by the UK watchdog’s more proactive approach to cancelling regulatory permissions.
The FCA has over-reached on a number of occasions and has then had to backtrack.
Regulatory efforts in the UK and Europe to encourage diversity and access to cash could have an impact on institutions’ operating models.
Vacancies are driven by growing demand for environmental consultants, data compliance experts and diversity specialists.