Andrew Bailey gave a speech on the sidelines of the IMF and World Bank’s spring meetings
This is the first step for the UK Treasury to lay the foundations of secondary legislation on open finance
The two regulators will invite views from interested parties
GoCardless receives approval to extend open banking services to public entities
Last year the UK regulator removed more than 10,000 misleading adverts
Concerns remain about political and economic risks
The FCA is in the final year of its three-year strategy
Currently in public consultation, the new Pisces trading venue for UK private companies is expected to go ahead by the end of the year
Under new proposals, bank transfers could be delayed for an additional 72 hours in cases of suspected fraud
UK Treasury committee report reveals culture to blame for lack of improvement
Companies urged to adopt best practice ahead of final rules
The lifting of the UK bankers’ bonus cap risks worsening the gender pay gap
Surprise acquisition in UK retail banking may signal more consolidation to come
More money for green industries, but little relief for SMEs and the poorest in UK chancellor Jeremy Hunt’s plans
The plans include regulation of ESG rating providers, more than £1bn for its latest ‘contracts for difference’ auction round, and fuel duty cuts
Banks may not be able to fill a liquidity gap if non-banks retreat from lending, industry says
The UK could lose billions in green energy investment without addressing bureaucratic and grid capacity issues, says report
With no final decision made, the Bank of England continues to design a CBDC
New questions are being asked after Lloyds and Santander UK were accused of allowing Iranian front companies to evade Western sanctions
Is reinventing the wheel the fintech we were promised, and will it solve any real problems?