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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

Sixfold launches AI underwriter for life and health

Sixfold launches AI underwriter for life and health

Sixfold, the underwriting AI platform used by leading insurers around the world, has launched an AI Underwriter for Life & Health insurance, a governed...
Aquiline to invest in wealthtech platform Flourish

Aquiline to invest in wealthtech platform Flourish

Aquiline, a global private investment firm focused on financial services and technology, has entered into a definitive agreement to invest in Flourish, an innovative...
Marloo integrates Morningstar data into AI advice platform

Marloo integrates Morningstar data into AI advice platform

Marloo, the AI platform built specifically for financial advisers, has struck an agreement with Morningstar, a leading provider of independent investment insights, to bring...
AI won't fix AML if the foundations are still broken

AI won’t fix AML if the foundations are still broken

Financial crime compliance is struggling to keep pace with the threats it was built to catch, according to new analysis from Napier AI. The Financial...
Climate risk exposes limits of capital market models

Climate risk exposes limits of capital market models

Ortec Finance has warned that folding climate change into capital market assumptions (CMAs) is not, on its own, enough to capture the true scale...

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