Latest Results from /regulation
/regulation
Digital Europe, a digital technology trade association, has warned the EU against overregulating in its upcoming AI bill in a letter this week.
24 November 2023
The EU is contemplating the need to widen scope of cybersecurity regulation to impact Big Tech, banks, and airlines as more companies move to the cloud to drive innovation.
Klarna has secured approval to offer credit and payments products in the UK ahead of the expiration of a temporary deal arranged in the wake of Brexit.
23 November 2023
Investment funds authorised in the UK may now be able to progress their tokenisation strategies following the publication of the first report from a government-backed industry working group.
Ireland's payments sector looks set for increased competition following reports that UK-based PaymentSense plans to apply to the Central Bank for an e-money licence.
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.
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
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