Tag: the UK

Reactions to the Autumn Budget from the financial sector

The UK’s new Labour government has released its first budget and has been received to a mixture of praise and cynicism.

FCA to transform BNPL market with enhanced consumer safeguards

In a move to enhance consumer safety, the government has initiated a consultation to bring BNPL companies under the oversight of the FCA.

UK banks to hold suspicious payments for 72 hours to combat...

The UK Government has announced new legislation that allows banks to impose a three-day hold on suspicious payments.

Digital banking dominates in the UK as physical branch interest wanes

Research commissioned by CRIF has found a shift in banking preferences among UK consumers, highlighting a declining interest in bank branch proximity.

UK to overhaul retail investment disclosures with new CCI framework

The UK Government and the FCA have announced plans to overhaul retail disclosure regulations to enhance transparency and investor confidence.

New UK Bill to safeguard digital asset owners with enhanced legal...

The UK Government has announced an innovative step forward in the realm of digital asset with the introduction of the Property (Digital Assets etc) Bill, which is set to transform Bitcoin and other digital assets into recognised personal property.

Falling digital asset firm applications raise questions about London’s competitiveness

In recent findings shared by the FCA, it appears that strict regulatory frameworks and prolonged approval times are undermining the UK's goal to position itself as a global digital asset hub.

How digital financial tools could add £24.5bn to UK wallets every...

A recent study by Tink has highlighted substantial financial benefits for UK consumers using digital financial management tools.

New UK law to set global standards for ESG rating agencies

The UK government has announced a pivotal step in the regulation of Environmental, Social, and Governance (ESG) ratings.

UK urged to accelerate ISSB adoption for stronger climate finance

The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards. According to Envrionmental Finance,...

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