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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

Napier AI names top markets for AI-driven AML compliance

Napier AI names top markets for AI-driven AML compliance

Financial crime compliance is undergoing a significant transformation, and according to Napier AI, the markets that are making the most meaningful progress are those...

FinTech funding continues strong run with over $800m raised this week

There was 22 deals recorded in the FinTech sector this week, with a total of $806.2m raised across all deals. This represented a considerable...

SEC settlement: what investment managers must know

The US Securities and Exchange Commission (SEC) has settled with a Florida-based investment manager over fraud and misleading investor disclosures, serving as a stark...
AI in wealth management: closing the implementation gap

AI in wealth management: closing the implementation gap

Despite widespread recognition of artificial intelligence as the defining technology of our era, the wealth management sector remains caught in a frustrating paradox: ambition...
CaixaBank launches GlobalView wealth aggregator

CaixaBank launches GlobalView wealth aggregator

CaixaBank has launched GlobalView, a financial positions aggregator that allows its wealth management clients to consolidate and analyse holdings across multiple financial institutions through a...

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