London was a world leader for payments technology but now risks falling behind
Change aims to close a gap in regulation exposed by collapse of Silicon Valley Bank
New legislation will make companies such as Klarna and Clearpay answerable to Financial Conduct Authority
UK legislation will reduce uncertainty and create an additional barrier to entry for would-be rivals
Regulations intended to prevent a repeat of bailouts after 2008 crisis
Big Tech should have a legal duty to check investment advertisers are authorised
City groups think such a move will attract money into equity funds and domestic shares
Late accounts show bank posted £12mn loss in 2023 as Bank of England steps up scrutiny
The post-financial crisis decision to separate retail banking from other operations weakens competition and increases risk
Financial Conduct Authority says move part of wider set of proposals to remove ‘ineffective’ or ‘duplicated regulation’
BoE to scrap limits on lending and treasury activities introduced after 2008 financial crisis
FCA responds to prime minister’s call for watchdogs to focus on promoting economic growth
Deregulation could open door for big American rivals to invest in nascent UK lending operations
Barclays CEO’s defence of regulation contrasts with calls for reform by other senior bankers
Average fees for active funds are seven times higher than trackers
UK financial regulator sets out proposals to regulate much of the digital asset market
UK financial watchdog wants greater action to curb scams on social media
Britain seeks to co-operate with the US on regulation of digital assets
Rules ushered in after the financial crisis have largely failed to unseat large lenders
UK financial watchdog only recorded planned enforcement against former star stockpicker on its register list this week
Countries including the US, South Korea and Nigeria offer hefty rewards to insiders who uncover wrongdoing. Could the UK finally join them?
United Insurance Brokers Limited charged with failure to prevent bribes being paid to officials
Officials zeroing in on $1.1tn SRT market between banks and private capital investors
FCA’s preliminary approval comes as the fast-fashion company faces challenges from Trump’s tariffs
City of London broadly welcomes second five-year term for former LSE chief