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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.
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.
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 be increasing the contactless payments limit from Â£45 to Â£100, as one of its first moves away from the European Union.
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.
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.
Brexit could change the realities of wealth management and how WealthTech companies can navigate the new realities is something Zaliia Gindullina, head of business development at Kidbrooke, discussed in a recent podcast.
The European Union's securities and markets watchdog has withdrawn the registrations of ten British credit rating agencies and trade repositories in the Brexit aftermath.
Lithuanian identity verification company Ondato has scored $2m in seed capital to fuel its continued European growth, which has been powered by Covid-19.