The rules cover business conduct, technology risks, and consumer access. Crypto assets can be counted towards accredited investor net worth calculations.
November 24, 2023Firms are not adequately focused on delivering good outcomes to consumers, supporting victims of fraud, and handling complaints in a timely manner.
November 8, 2023The FCA said the 2017 cyber breach against Equifax's US parent allowed hackers to access the personal data of 13.8 million UK consumers.
October 16, 2023SEBI has introduced a new process to expedite the resolution of investor complaints through its online platform SCORES.
September 21, 2023Crypto lender Delio failed to assess money laundering risks, had KYC lapses, and failed to restrict transactions with unregistered VASPs.
September 4, 2023Cathay Securities and Cathay Futures failed to perform capacity tests and application system stress testing operations, the FSC said.
September 4, 2023Two separate consultations are being released, one on general responsible lending practices and the other on appropriate lending to small businesses.
August 3, 2023MFAA said AFCA's proposal will enhance the efficiency of its complaint processes and will make the scheme fairer for all participants.
June 22, 2023SEBI is seeking to streamline the complaints redressal process and introduce a two-tier review system.
May 30, 202397 large financial firms started reporting IDR data early this year. 260 firms will have to start reporting by August 2023. The remaining firms will have until 29 February 2024.
May 9, 2023