This is the first time UK regulators have opened an enforcement investigation against an exchange, which observers say could point to serious misconduct or compliance failures.
March 6, 2023The incident has forced firms to manually process derivatives trades. Ransomware gang Lockbit has threatened to publish stolen data unless a ransom is paid.
February 3, 2023An IT system upgrade in April 2018 resulted in nearly 2 million TSB Bank customers being unable to access banking services.
December 22, 2022The bank published incorrect information concerning its risk-weighted assets and did not disclose the error to investors despite knowing it was wrong.
December 15, 2022The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.
December 13, 2022The paper considers how current legal and regulatory requirements and guidance apply to the use of AI in UK financial services, and the gaps that may need to be addressed.
October 13, 2022Planned tax cuts will benefit banks. The FCA, PRA and PSR may be merged. China may be declared a threat to national security.
September 6, 2022No further action will be taken against former senior managers of HBOS, which collapsed in 2008 during the height of the 2008 global financial crisis.
August 31, 2022The bill establishes HM Treasury's authority to make regulations for digital assets including stablecoins.
July 22, 2022The hypothetical framework would replace the current set of buffers with a "single, releasable buffer of common equity", sitting on top of a low minimum requirement.
April 29, 2022