Tag: Prudential Regulation Authority

UK financial regulators team to conduct payment systems review

Four financial regulators in the UK have a Memorandum of Understanding (MoU) that sets out the framework the authorities use to cooperate in relation to UK payment systems.

The FCA and the FRC remind companies that extended financial information...

The measures put in place to ensure regulated businesses have enough time to publish audited financial reports are still valid, remind two UK regulators.

Citigroup fined £43.9m for regulatory reporting failures

The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.

Regulators must punish traditional and challenger banks harsher to avoid IT...

British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.

UK government releases Green Finance Strategy

The UK government has launched its Green Finance Strategy which aims to improve responses to the financial risks from climate change.

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