Regulator activity in the US and UK concerning communications suggests banks should act quickly to avoid paying a “heavy price”.

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.

While the removal of the bonus cap aims to reinvigorate the country’s status as a financial centre, implementation of the change presents many hurdles.

The blow-up of a particular type of UK pension fund investment strategy, which could have rolled into a global financial crisis, almost certainly paves the way for more regulation.

Rapid regional bank growth is leading some players into “too big to fail” territory, guiding regulators to consider new debt requirements.

The chair of the European Banking Authority discusses how industry participants and supervisors can prepare for enhanced regulatory obligations of crypto assets.

The US, EU and UK have imposed an increasingly complex regime of sanctions on Russia as the war in Ukraine has evolved.

Kimberley Long explores how digital finance and mobile banking are addressing the financial access issues faced by women that incumbent banks cannot reach. 

While aware of the challenges ahead, the country’s huge network of small and mid-sized banks believe they are in a strong position and remain optimistic about the long-term outlook.

Inflation and the rocketing cost of living are putting a strain on spending, creating issues for consumers and firms alike.