A government policy statement published today by the UK Treasury has set the minimum expectations on banks to protect services for people and businesses wanting to withdraw or deposit cash.
Greenwashing is fast becoming a key area of focus for financial regulators around the globe, evidenced by the growing number of cases against banks for misrepresenting their ESG credentials. In our latest free report, we take a look at some examples of high-profile greenwashing cases and how the regulatory landscape for targeting and preventing greenwashing is shaping up.
The UK Treasury has rejected proposals submitted by an all-party committee in May to regulate crypto trading in the same way as gambling
The boss of NatWest has apologised for comments made about former UKIP leader Nigel Farage calling him “xenophobic” and “racist.”
The past few months have seen several developments in the world of crypto regulation. Financial regulators – particularly in the US – have come down hard on crypto firms they feel have been flouting the rules. In our latest report, we take a look at the current approaches to crypto regulation around the globe and how this may impact where firms choose to do business.
Those marketing cryptoassets to UK consumers will need to introduce a cooling-off period for first time investors from 8 October 2023, under new advertising rules announced by the FCA.
Several major UK high street banks are coming under fire for failing to pass on growing interest rates to their savers amid allegations of profiteering.
RiskBusiness has now been providing governance, risk, audit and compliance solutions and content for 20 years. A lot has happened in those two decades, including events that have permanently shaped the landscape of the financial services sector.
Three people have been convicted for investment fraud and sentenced to a total of 24 and a half years for their roles, in a prosecution brought by the UK’s Financial Conduct Authority.
The Consumer Duty is a regulatory reform implemented by the UK’s Financial Conduct Authority. Finalised in July 2022, the guidance is designed to ensure firms deliver good outcomes for their retail customers and act in their best interests at all times.
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