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China has taken a place at the front of the nations looking to digitalise their economies by trialling its digital yuan.

The German Property Group has entered preliminary bankruptcy proceedings, which has caused the top UK financial watchdog to warn customers that they better snap into action.

The European Central Bank has closed a consultation that found that most market stakeholders were positive about it the bank acting as a trusted authority publishing compounded term rates using the euro short-term rate (€STR).

The challenger bank for the wealthy Monument has received an authorisation with restriction banking licence from the Prudential Regulation Authority and the Financial Conduct Authority 18 months after its launch.

Despite some concerns about what it could mean for competition, the FinTech sector is seemingly happy about the announced merger between Crowdcube and Seedrs.

Leading regulatory reporting provider MAP FinTech and UnaVista, part of London Stock Exchange Group, have expanded their strategic collaboration for EMIR Trade Repository Services.

Having served as interim chief executive for six months, Christopher Woolard will leave the Financial Conduct Authority (FCA) on October 1.

Identity verification company IDnow has welcomed that Germany's 16 states have agreed to a transition period incorporating new gambling laws in October.

Earlier this year the Financial Conduct Authority (FCA) introduced new guidance to protect people struggling financially during the Covid-19 crisis. Now, the financial markets regulator has added to the guidance.

The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.