PRA

Revolut Finally Lands British Banking License 
Revolut Finally Lands British Banking License 
July 25, 2024  |  Digital Banking

After a three-year wait, Revolut has secured a banking license in its home country. The British FinTech announced Thursday (July 25) that it had been...

READ MORE >
Revolut’s Size Draws Regulatory Attention in UK Banking License Process
Revolut’s Size Draws Regulatory Attention in UK Banking License Process
October 22, 2023  |  Bank Regulation

Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. The digital banking services provider has encountered various challenges and delays...

READ MORE >
New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
September 06, 2022  |  Politics

For believers in pathetic fallacy, the thunderclouds hanging over London today are an ominous sign for Liz Truss, who has officially been handed the reins...

READ MORE >
BoE Regs Find Accounting Mistakes At Metro Bank
BoE Regs Find Accounting Mistakes At Metro Bank
February 01, 2019  |  Banking

Metro Bank is dealing with the fallout from the revelation that it misclassified a large number of commercial loans, with many predicting the resignation of some...

READ MORE >
Cyber Stress Tests Loom For U.K. Insurers
Cyber Stress Tests Loom For U.K. Insurers
July 06, 2017  |  Security & Fraud

The Prudential Regulation Authority (PRA), the financial regulator overseeing the United Kingdom, has directed insurers to conduct “stress tests” tied to cyber attacks, the Financial...

READ MORE >