Tag: brexit

bunq eyes UK market post record €53.1m earnings

bunq, Europe's second-largest neobank, has reported a net profit of €53.1m for the year 2023.

UK’s red tape cut: A bold step for post-Brexit growth and...

The UK Government is diving headfirst into a comprehensive review of all regulators within its jurisdiction. Their goal? To eliminate unnecessary bureaucratic obstacles, making the most of the liberties afforded post-Brexit.

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.

UK set to ease financial rules to deal with post-Brexit slump

The UK government has unveiled a revamp of financial regulations in the country in a move to strengthen the country’s financial status post-Brexit.

What is next for payments regulation post-Brexit?

A report by The Payments Association, UK Finance and global law firm Latham & Watkins has explored the current and future trends in the UK payment industry regulation.

Majority of Brits want government to focus on financial stability post-Brexit

Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.

Banks believe London will remain global financial center despite Brexit

A recent Lloyds Bank survey has found that banks believe London will maintain its leading global financial center status despite the regulatory uncertainty posed by Brexit.

The UK could up contactless payment limit to £100 post Brexit

The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.

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.

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

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.

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