Crypto Firms Are Failing to Spell Out Risks to Consumers: UK Watchdog October 27, 2023 Britain’s financial watchdog said on Wednesday that firms marketing cryptoassets are failing to highlight risks properly to consumers, such as...
UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...
UK Watchdog Fines Equifax $13.4M for Role in ‘One of Largest’ Cyber Breaches October 16, 2023 Britain’s financial watchdog said on Friday it had fined consumer credit rater Equifax Ltd. 11 million pounds ($13.4 million) for...
Britain Proposes Diversity and Misconduct Rules for Financial Services Firms September 25, 2023 By Huw Jones Britain’s financial regulators proposed guidance on Monday for financial firms to tackle sexual harassment and bullying, along with new requirements...
UK Watchdog Sets 3-Month Deadline to Improve Car Insurance September 21, 2023 By Huw Jones Britain’s financial watchdog has told motor insurers they have three months to improve the value they give customers in products...
UK Watchdog Proposes Toughening Safeguards Against Illegal Marketing on Social Media July 18, 2023 Britain’s financial watchdog on Monday proposed toughening up safeguards against the illegal marketing of financial products on social media by...
UK Regulators Urged to Help Keep London Competitive, Using New Post-Brexit Remit June 30, 2023 By Huw Jones Britain’s regulators must push ahead with applying their new post-Brexit remit to help keep the country’s financial sector globally competitive,...
London’s Excel Centre Wins Insurance Ruling on COVID-19 Biz Interruption Losses June 19, 2023 The owners of London’s ExCel conference center on Friday won a court ruling against insurers, including Royal & Sun Alliance,...
UK Watchdog Aims to Improve Whistleblower Procedures After Backlash May 5, 2023 By Leonard Kehnscherper Britain’s markets watchdog is aiming to improve its procedures for finance workers who report on suspected wrongdoing after finding that...
UK’s FCA Hires More Than 150 Staff for Data Unit to Ramp Up Tech Capabilities April 11, 2023 The UK’s Financial Conduct Authority hired more than 150 people into its Data, Technology and Innovation division in the past...