watchdog

No Breakup For UK’s Big Four Accountancy Firms
No Breakup For UK’s Big Four Accountancy Firms
December 19, 2018  |  B2B Payments

The U.K.’s Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardian reported...

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UK Watchdog Takes Heat Over Lloyds’ SMB Compensation Plan
UK Watchdog Takes Heat Over Lloyds’ SMB Compensation Plan
December 18, 2018  |  B2B Payments

The U.K. Financial Conduct Authority (FCA) is facing renewed criticism, this time over its handling of the program set up by Lloyds Bank to compensate...

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EBA: No-Deal Brexit Would Hurt UK Payment Firms
EBA: No-Deal Brexit Would Hurt UK Payment Firms
December 16, 2018  |  Brexit

Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late last week. According...

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Credit Suisse, UBS Accused Of Blocking Apple Pay, Samsung Pay
Credit Suisse, UBS Accused Of Blocking Apple Pay, Samsung Pay
November 15, 2018  |  Bank Regulation

Credit Suisse, UBS, and several other financial companies are in the crosshairs of regulators in Switzerland which launched an investigation into them. According to a...

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RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
October 09, 2018  |  B2B Payments

The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory...

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Trump Administration Shrinks Finance Watchdog
Trump Administration Shrinks Finance Watchdog
August 09, 2018  |  Regulation

The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market trends to detect...

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