Labour Chancellor Backs Relaxed Mortgage Lending Rules To Boost Home Ownership
Rachel Reeves, the UK's Chancellor of the Exchequer, has endorsed proposals from the Financial Conduct Authority…
Browsing Tag
Financial Regulation
Ban Imposed On Director Of 400 Companies For Undermining Insolvency System
A nine-year directorship ban has been imposed on Neville Taylor, 57, who stands accused of systematically…
UK Tax Evasion Admissions Soar as HMRC Tightens International Net
UK residents declaring underpaid tax on overseas assets have risen dramatically by 22% in the past year, according…
Starling Bank Faces Regulatory Scrutiny as Digital Banking Dreams Hit Turbulence
The meteoric rise of British digital challenger bank Starling has encountered significant headwinds, following a…
UK Financial Regulators Set To Oversee Big Tech Services From New Year
British financial regulators are poised to implement unprecedented oversight of technology firms providing…
Private Companies Set to Trade Shares on New Pisces Exchange Platform in London
The Financial Conduct Authority (FCA) has unveiled groundbreaking plans for a new trading platform that will enable…
US Court Orders Nasdaq to Abandon Board Diversity Programme
A US appeals court has delivered a significant blow to corporate diversity initiatives by striking down Nasdaq's…
Klarna Hit With £36 Million Pound Fine Over Swedish Money Laundering Breaches
Swedish financial technology giant Klarna has been slapped with a substantial £36 million fine by Sweden's…
UK Supreme Court to Hear Car Finance Misselling Appeal as Bank Shares Rally
British banks witnessed a significant share price surge after the Supreme Court granted permission to hear an…
Insider Trading Signals Found in One Third of UK Merger Activity New FCA Data…
Fresh data from the Financial Conduct Authority (FCA) suggests insider dealing could be occurring in as many as one…
Bank of England Issues Stark Warning Over Hedge Fund Activity in Gilt Market
The Bank of England has raised significant concerns about hedge funds' growing influence in the UK government debt…
Car Finance Legal Ruling Sparks Investment Concerns at Lloyds Banking Group
The chief executive of Lloyds Bank has warned that a recent legal ruling concerning car financing agreements has…
Former Wizz Air Executive Hit With FCA Fine Over £4 Million Pound Share Trading…
A former senior executive at budget airline Wizz Air has been slapped with a £123,500 fine by the Financial Conduct…
Labour Set to Enforce Annual £100m GBP Gambling Industry Levy to Combat Addiction
In a significant move towards addressing gambling-related harm, the British Labour government is preparing to…
Life Insurers Ordered to Reduce Bereavement Payout Times as FCA Finds Four Month…
Life insurance providers have been instructed by the Financial Conduct Authority (FCA) to accelerate their…
Car Finance Scandal Could Lead To Billions In Consumer Claims As FCA Issues…
Britain's car finance industry faces unprecedented turmoil following a landmark Court of Appeal ruling that could…
Car Finance Scandal Could Cost British Lenders £30 Billion Pounds in Compensation
British lenders might face a staggering £30 billion compensation bill due to the mounting car finance mis-selling…
UK Chancellor and Bank of England Governor Unite in Call to Strengthen EU…
In a significant development at the annual Mansion House dinner, Chancellor Rachel Reeves and Bank of England…