clear
clear

Latest Results from /regulation

/regulation

Bank of England governor Andrew Bailey embraces AI - BBC

Governor Andrew Bailey confirms House of Lords' view that the AI technology should be seen as a positive, rather than a risk to business.

/regulation

Labour vows to make UK fintech leader

The UK's Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

/regulation

RBI effectively kills off Paytm Payments Bank with fresh curbs

India's central bank has imposed stringet new curbs on Paytm Payments Bank following a critical compliance review by external auditors.

/regulation

Ex-chancellor Osborne joins Coinbase as advisor

Former UK Chancellor of the Exchequer George Osborne has joined the advisory council of cryptocurrency exchange Coinbase.

/regulation

New York AG sues Citi over lax security and failure to reimburse fraud victims

New York's Attorney General is suing Citibank for failing to protect customers from fraud and scams.

/regulation

HSBC fined £57.4 million for "serious failings" in depositor protection

HSBC has been hit with a £57.4 million fine by the Prudential Regulatory Authority for failing to accurately log accounts eligible for compensation under the Financial Services Compensation Scheme.

/regulation

CFTC cautions against AI: 'be wary of the hype'

The Commodity Futures Trading Commission (CFTC) has issued a customer advisory warning to the public to keep an eye out for artificial intelligence (AI) scams.

/regulation

Artwork money laundering runs rife warns NCA in amber alert

The UK’s National Crime Agency (NCA) has issued an amber alert to prevent further money laundering in the art storage sector.

/regulation

BIS and Bank of England seek advisors for financial crime project

The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.

/regulation

CFPB takes on non-sufficient fund fees

America's Consumer Financial Protection Bureau (CFPB) has proposed a rule that would stop banks charging non-sufficient fund fees for transactions that are declined in real time.

/regulation

Scams to drive complaints to UK's Financial Ombudsman Service

The UK's Financial Ombudsman Service is expecting more than 181,000 consumer complaints in the next year, driven in part by an increase in financial fraud and scams.

/regulation

BaFin increases focus on IT outsourcing risks

Cybersecurity and the outsourcing of IT services are among the greatest risks to the financial sector, warns a new report from German regulator BaFin.