US government body sues Citizens Bank
The Consumer Financial Protection Bureau (CFPB) has sued Citizens Bank for allegedly violating rules about properly managing and responding to credit card disputes.
CFTC changes financial trade rules to ensure the market keeps evolving with the times
The financial crisis pushed the US congress to introduce the Dodd-Frank Act to avoid a similar collapse in the future. Now the Commodity Futures Trading Commission (CFTC) has taken another step towards ensuring the evolution of derivatives and swap execution facilities (SEF).
The FCA slapped with £2,000 fine for not living up to staff pension rules
Following a year of controversies regarding the UK’s top financial watchdog, the body is now facing another setback.
Over 75% of cybersecurity officers in the financial sector fear deepfakes
Over three quarters (77%) of chief security officers (CS0s) in the financial sector are worried about the use of deepfake video, audio and images.
Could the new leadership of the FCA mean it’s going to deal with financial...
The UK’s biggest financial regulator is getting a new top dog. Industry leaders speculate that the change in leadership might mean it will review financial promotions regulations.
Theta Lake has been rewarded a thumbs up for how it handles data
RegTech company Theta Lake has successfully been audited by the American Institute of Certified Public Accountants regarding how it deals with data
The FCA says EU law will still apply after Brexit – for now
The UK will officially leave the UK on Friday January 31. Now the UK’s leading financial watchdog has given advice to firms on what to do next.
UK regulator orders British banks to explain their overdraft rate hikes
Several UK banks have changed their overdraft rates to be around 40%, more than double some of their previous charges. Now the Financial Conduct Authority (FCA) wants to understand why.
UK government propose new guidelines to boost the cybersecurity of the internet of things
Connected devices can create considerable cybersecurity concerns for businesses. Now the UK government is proposing new requirements to minimise the threat.
How Sweden aims to become a FinTech superpower
From: FinTech Global
The Nordics in general and Sweden in particular are experiencing a FinTech boom. However, new regulations and investment worries could slow down the...
