Latest Reporting/compliance News: Finextra Research

EBAday 2022: Preparing for the operational resilience ‘sea change’

Kicking off the EBAday session titled ‘Building Operational Resilience’, moderator Tom Zink, research director, IDC Financial Insights, posed a poll question to the audience, asking ‘how familiar are you with DORA?’

31 May 2022

News/regulation

Allen & Overy announces sixth cohort for Fuse Innovation Hub

Allen & Overy’s Fuse innovation hub has announced members of its sixth cohort, and with 16 businesses tapped to join the Hub’s ranks, this year marks the largest cohort in Fuse’s history.

04 May 2022

News/regulation

IFGS 2022: FCA pursues outcomes-based approach to fintech policy

Speaking on the panel ‘Regulating Innovation: When things start heating up’ on day two of the Innovate Finance Global Summit (IFGS), Richard Fox, the FCA’s director of international, explains the reasoning behind the FCA’s attraction toward outcomes-based fintech regulation in the UK.

05 April 2022

News/crypto

Crypto remains divisive amid Russia's invasion of Ukraine

While the long-lasting effects of the war in Ukraine on cryptocurrency remain unknown, drastic changes across the crypto industry have been felt since Russia’s invasion began eight days ago.

04 March 2022

News/payments

LHV Bank applies for UK banking licence

Payment infrastructure provider LHV has applied for a UK banking licence application to separate business activities in Estonia and the UK.

25 February 2022

News/retail

Santander bets big on BNPL with new service Zinia

Santander today announces the launch of Zinia, its new buy now, pay later (BNPL) service in Germany.

26 January 2022

News/sustainable

City of London policy chair hails UK capital as a centre of green finance

This week, the FCA and the City of London Corporation held a demo day for its Sustainability Cohort initiative, which aims to further green the financial sector and catalyse the transition to net zero.

18 January 2022

News/crypto

Disagreement among Lords: A busy week for digital currency

We knew policymakers and financial leaders would be at their battle stations come 2022, and the updates rolling in across the crypto, CBDC and stablecoin fronts are coming thick and fast. We’ve rounded up the key updates from the private and public sector to make headlines this week:

14 January 2022

News/regulation

FCA selects Aiimi’s Insight Engine for three year contract

Following an extensive evaluation and Alpha testing phase, the FCA has selected UK data firm Aiimi’s Insight Engine to improve the regulator’s data analytics.

10 November 2021

News/crypto

Former AliPay UK CEO Rita Liu on how regulators are boosting crypto literacy

Finextra sat down with Mode’s chief commercial officer Rita Liu – also former CEO of AliPay UK, to discuss Mode’s recent partnership with trade association CryptoUK, and how market players and regulators are boosting adoption and education around crypto.

03 November 2021

News/sustainable

Accelar launches impact hub to drive nature-positive project investment

Accelar has today launched a Nature Finance Impact Hub, which seeks to drive market confidence in nature-positive projects, by isolating their financial and environmental benefits.

22 October 2021

News/Sibos

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

14 October 2021

News/Sibos

Sibos 2021: Digital identity for an interoperable and accessible future

Diving straight in to substantive content on day one of Sibos 2021, Brad Carr, managing director of digital finance at the Institute of International Finance led discussion during the morning panel ‘Digital Identity – Balancing between convenience and trust.’

11 October 2021

News/crypto

China cracks down on crypto transactions

China’s central bank announced a clampdown on cryptocurrency trading on Friday, calling all digital currency activities illegal, and vowed to crack down on the sector.

24 September 2021

News/security

Money 20/20 EU: Navigating the trade-off between trust and value propositions

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

23 September 2021

News/crypto

Binance announces restructure to assuage regulator concern

Cryptocurrency exchange, Binance, is set to centralise its business structure in the wake of intensifying regulatory concern over the firm’s lack of systemic transparency.

17 September 2021

News/regulation

Australian fintechs rail against ‘de-banking’ practices

During a Senate inquiry into “Australia as a Technology and Finance Centre” representatives from three fintech firms criticised Australian banks for their ‘de-banking’ practices, which tend to hit those involved in the crypto sector particularly hard.

10 September 2021

News/sustainable

ING reveals $12.4 trillion required to green Asia's transport sector

Powering a new generation of net-zero transport with clean energy – in China, Japan, and South Korea – will cost US$12.4 trillion, a ING bank report has just revealed. This equates to over 90% of China’s 2020 GDP.

08 September 2021

News/crypto

El Salvador becomes first country to accept Bitcoin as legal tender

The central American nation today sets a world-first as it adopts the cryptocurrency for use across all goods and services – even taxes.

07 September 2021

News/regulation

UK to restructure data policy and underpin innovation post-Brexit

Oliver Dowden, the UK Secretary of State for Digital, Culture, Media and Sport, has announced that new ‘data adequacy’ partnerships will be struck with the likes of the US, Australia, and the Republic of Korea.

27 August 2021