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FCA reminds financial firms of their responsibilities after Brexit

With the UK having pulled out of the EU on New Year's Eve, the nation's financial regulator has reminded companies about the new red tape they must navigate.

ESMA fines Moody’s €3.7m for failing to disclose conflicts of interests

The European Securities and Markets Authority (ESMA) fined credit ratings firm Moody’s €3.7m for breaching rules including the failure to disclose conflicts of interests.

FinTech community welcomes UK FinTech review but fear more must be done

The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.

FCA censures Premier FX for breaking payment services rules

A City watchdog has publicly censured collapsed payments company Premier FX for failing to safeguard its customers’ money and for misuse of its payment accounts under the Payments Services Regulations.

MAS eases concerns about transactions from Myanmar

Singapore's top financial watchdog has responded to concerns following the military coup in Myanmar.

How the FCA expects financial services to protect vulnerable consumers

The Financial Conduct Authority (FCA) has published its final guidance of its expectations of firms should fairly treat vulnerable customers.

Nearly half of banks could soon be digital new survey finds

Almost half of the banking executives around the world are looking to digitalise their businesses, according Temenos' new research.

SEC announces almost $3m award to two whistleblowers

The Securities and Exchange Commission has awarded two separate whistleblowers a total of almost $3m.

FCA launches insider trading case against former Goldman Sachs employee

The UK's financial markets watchdog has commenced criminal proceedings against a former Goldman Sachs analyst and his brother, accusing them of insider trading.

FCA gives disgraced fund manager Neil Woodford stark warning after he hinted of a...

The UK's top financial markets watchdog has warned disgraced fund manager Neil Woodford that his announced comeback is reliant on him passing a character assessment.

News Stories

FinTech sector continues to hum along with 22 deals recorded this week

Just over $500m - $544m – was raised this week in the FinTech sector, spread across a healthy 22 deals recorded by FinTech Global.  This...

Covr appoints Ryan Bivins as head of sales

Covr Financial Technologies has appointed Ryan Bivins as head of sales, bolstering its leadership team as the business scales its national distribution platform and...
Hexure launches first digital NIGO resubmission workflow

Hexure launches first digital NIGO resubmission workflow

Hexure, a leader in AI-powered sales automation for insurance and financial services, has launched what it says is the first fully digital, end-to-end workflow...
compliance

Why 99% AI accuracy can mislead compliance

AI is rapidly reshaping supervisory controls across financial services, with 94% of firms either deploying or planning to deploy AI-based detection tools. From communications...

Willis and Belfry partner to simplify security insurance

Willis, a WTW business, has partnered with physical security software platform Belfry and InsurTech firm Kayna to launch a digital insurance programme tailored for...

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