Latest Results from /regulation
/regulation
Revolut has drafted in Francesca Carlesi, a fintech founder and former Deutsche Bank and Barclays executive, as its new UK chief executive as it continues its long quest for a banking licence.
02 November 2023
The Consumer Financial Protection Bureau has slapped the operator of remittance app Sendwave with a $1.5 million penalty for deceiving users about the costs and speed of international transfers.
The Monetary Authority of Singapore has barred DBS from acquiring new business ventures or shrinking its branch and ATM network as part of an effort to restore the resilience of its digital banking services following a series of disruptive outages.
01 November 2023
Financial regulators from the UK, Singapore, Switzerland and Japan are collaborating on a new project to explore fund and asset tokenisation use cases and decentralised finance.
31 October 2023
As many as three quarters of corporate, trust and fund services firms do not trust their own data, suggests recently published research.
30 October 2023
Thailand's second-largest bank has acquired a 97% stake in a company that runs a crypto exchange.
Elon Musk wants X to manage users' "entire financial life" so that they "won't need a bank account" by the end of next year.
27 October 2023
The UK’s Financial Conduct Authority (FCA) has found potential “regulatory breaches” in NatWest’s decision to close former Brexit party leader Nigel Farage’s accounts earlier this year.
The Federal Reserve has proposed lowering the debit interchange fees banks can charge merchants by nearly 30% and reviewing the cap every two years.
26 October 2023
A new study by Substantive Research finds that market data prices are rising faster than ever despite an ongoing review by the Financial Conduct Authority into competitive practices in the market.
The Financial Conduct Authority is taking aim at crypto firms trying to dodge new rules on financia promotions by posting illegible warning notices.
25 October 2023
The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment services.
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