clear
clear

Latest Results from /regulation

/regulation

Fintech hiring compensates for declining demand among banks for risk and compliance roles

The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.

/regulation

NextGen: AI: AI’s impact on regulation, operational resilience and customer experience

With standards like the EU AI Act coming to the fore, and with the drive towards digital not slowing down, the last panel of the day discussed AI’s impact on regulation and customer experience.

/regulation

NextGen: AI: Busting five AI myths

The next afternoon panel was moderated by Debi Bell-Hosking, with speakers consisting of Dr Janet Bastiman, chief data scientist, Napier AI; Stuart McDowell, UK CIO, Societe Generale; and David Tracy, head of data products, Smart Data Foundry.

/regulation

NextGen: AI: Finding the right strategies to overcome AI limitations

The first afternoon panel discussed three of the major discussion points when it comes to AI: data, culture, and skills.

/regulation

FCA fines Macquarie Bank for fictitious trades

The FCA has fined the London branch of Macquarie Bank £13 million for "serious failings" that allowed one of its employees to record over 400 fictitious trades.

/regulation

NextGen:AI: Legislation should facilitate UK AI development - Lord Holmes

Kicking off Finextra’s inaugural NextGen AI conference at Convene Sancroft in London, was Lord Chris Holmes of the UK House of Lords in his headline keynote titled: ‘AI in 2024: At the Edge’.

/regulation

MPs launch excoriating attack on the FCA

An All Party Parliamentary Group (APGG) of UK MPs have branded the FCA as 'incompetent at best, dishonest at worst', in a hard-hitting report that calls for wholesale reforms at the financial watchdog.

/regulation

Crypto ownership continues to rise in the UK

More than one in ten Brits now own cryptocurrency, according to research from the Financial Conduct Authority.

/regulation

CFTC recommends expansion of non-cash collateral through DLT

The Commodity Futures Trading Commission (CFTC) has recommended the expansion of the use of non-cash collateral through the use of distributed ledger technology (DLT) by its Global Markets Advisory Committee (GMAC).

/regulation

NextGen: AI – Join Finextra in London next week

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.

/regulation

Esma calls for 2027 EU T+1 migration

The European Securities and Markets Authority (Esma) has called for the EU to migrate to a T+1 settlement cycle by October 2027, ensuring coordination with the UK.

/regulation

AI adoption in UK FS sector grows but understanding lags

Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.