Latest Results from /regulation
/regulation
UK companies are failing to keep up with the requirements for sanction-screening prospective clients despite the high level of global geopolitical unrest, according to a recently published survey.
23 November 2023
The UK should use open banking to provide retailers with an alternative to card payments and to improve "clunky" P2P bank transfers, says a new government-commissioned review.
22 November 2023
The imminent introduction of the EU's Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.
Binance has agreed to pay $4.3 billion to settle a long-running investigation by the US Department of Justice, with the crypto exchange's founder Changpeng "CZ" Zhao also stepping down as CEO and pleading guilty to violating anti-money laundering requirements.
21 November 2023
The US Securities and Exchange Commission has sued Kraken, accusing the crypto trading platform of operating as an unregistered securities exchange, broker, dealer, and clearing agency.
Mastercard has finally secured formal approval to begin domestic payment processing in China, enabling the US firm to issue yuan-denominated banks cards in the country.
UK fintech Revolut has set its sights on Europe's fixed income market as the next investment option for its clients.
20 November 2023
A lobby group representing Ireland's financial services sector has called on the government to establish a physical centre for fintech firms.
Dozens of technology leaders have signed a letter to Canada's finance minister calling for a clear roadmap for the delivery of a long-awaited open banking framework.
US payday lender Enova has been fined $15 million by the Consumer Financial Protection Burea (CFPB) and banned from offering short-term loans in the wake of "widespread illegal conduct".
16 November 2023
The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.
The UK's Financial Conduct Authority (FCA) has picked OneMarketData for the provision of a new cloud-based market surveillance and visualisation system.
15 November 2023
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.