United Kingdom

UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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UK BNPL Regulation Unlikely Before Mid-2023
UK BNPL Regulation Unlikely Before Mid-2023
June 21, 2022  |  BNPL

The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users —...

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UK Expands Interest-Free Emergency Loans to Needy
UK Expands Interest-Free Emergency Loans to Needy
June 19, 2022  |  Loans

The U.K. No Interest Loans Scheme (Nils), backed by the treasury, will now be expanded to reach up to 20,000 people, a report says. Get...

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Commercial Real Estate Lender Ashman Granted UK Banking License
Commercial Real Estate Lender Ashman Granted UK Banking License
June 16, 2022  |  Real Estate

Ashman announced in a press release yesterday that authorities in its native Britain have given it authority to lend money. Get the Full Story Complete...

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UK SMEs Give Customers the Cheap, Contactless Payments They Want
UK SMEs Give Customers the Cheap, Contactless Payments They Want
June 16, 2022  |  Payment Methods

In the U.K., The Big Issue magazine is distributed by a network of around 1500 people who are either vulnerably housed or at risk of...

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EU’s Disinformation Code Will Force Big Tech to Disclose How They Tackle Fake News  
EU’s Disinformation Code Will Force Big Tech to Disclose How They Tackle Fake News  
June 14, 2022  |  Big Tech

Facebook, Twitter and TikTok are among the signatories of a new version of the EU’s anti-disinformation code that could be published as early as next...

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UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
June 13, 2022  |  Bank Regulation

The U.K. Financial Conduct Authority has put Credit Suisse on a watchlist of companies needing tougher supervisions, a Financial Times (FT) report says. Get the...

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UK Sets Course to Woo Big Tech
UK Sets Course to Woo Big Tech
June 07, 2022  |  Big Tech

In April, the U.K. government announced a new plan to make the U.K. a global crypto hub with, among other things, a friendly regulatory environment....

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UK Government Wants Bank of England to Regulate at-Risk Stablecoins
UK Government Wants Bank of England to Regulate at-Risk Stablecoins
June 01, 2022  |  Cryptocurrency

The U.K. government announced a few months ago that it wanted to lure the crypto community with a regulatory-friendly environment, and yesterday, May 31 the...

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