United Kingdom

Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
August 07, 2022  |  Bank Regulation

U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Tucker said...

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Big Tech M&A Regulation Looms in 2022
Big Tech M&A Regulation Looms in 2022
July 21, 2022  |  Big Tech

Big Tech companies have been in the spotlight for most of 2022, from antitrust concerns to allegations of harmful content in their platforms or violations...

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UK’s Financial Services Bill Will Make Stablecoins a Form of Payment 
UK’s Financial Services Bill Will Make Stablecoins a Form of Payment 
July 21, 2022  |  Cryptocurrency

Stablecoins may soon be part of the monetary system in the U.K. if the new Financial Services and Markets Bill is approved in Parliament.  The...

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UK’s Proposed Bill Paves the Way for New Stock-Listing Rules
UK’s Proposed Bill Paves the Way for New Stock-Listing Rules
July 20, 2022  |  Regulation

The British government on July 19 set out plans to bolster the competitiveness of the U.K. as a global financial center to compete with Wall...

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EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
July 19, 2022  |  Regulation

Real-time payments (RTP), account-to-account (A2A) payments and instant payments all refer to the ability to process payments in seconds. This is one of the next...

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Amazon Plans to Add Over 4,000 UK Jobs Despite Global Slowdown
Amazon Plans to Add Over 4,000 UK Jobs Despite Global Slowdown
July 15, 2022  |  Amazon

Amazon will be one of the 10 largest private sector employers in the U.K. when it adds more than 4,000 new permanent roles across the...

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NFTs Are Now a Legal Way to Serve Documents in UK Courts 
NFTs Are Now a Legal Way to Serve Documents in UK Courts 
July 14, 2022  |  Legal

The High Court of England and Wales recently granted an order permitting the court to serve documents of court proceedings via the transfer of a...

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UK Regulator Urges Banks to Treat Small Businesses Better or Face Regulatory Actions 
UK Regulator Urges Banks to Treat Small Businesses Better or Face Regulatory Actions 
July 13, 2022  |  Bank Regulation

The U.K. Financial Conduct Authority (FCA) warned banks that they should provide better service to small and medium-sized enterprises (SMEs) that are struggling with debt,...

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UK Regulator Urges Government To Review Internal Use of WhatsApp, Private Emails 
UK Regulator Urges Government To Review Internal Use of WhatsApp, Private Emails 
July 12, 2022  |  Cybersecurity

The U.K. Information Commissioner’s Office (ICO) published on Monday, July 11, a report about the government use of private correspondence channels like WhatsApp, private emails...

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