Home Legislation

Legislation

FCA fines Barclays £26m for how the bank treated credit customers

Barclays has been slammed with a £26m fine after a City watchdog found that it treated consumer credit customers who experienced financial difficulties poorly.

Should a firm choose cyber insurance or cyber risk management?

Cyber risk management and cyber insurance are not interchangeable, a firm needs to have both to ensure they are fully protected in the digital ecosystem, according to a new podcast from KYND.

ESMA looking for FinTech stakeholders to join its insights group

The EU's securities markets regulator is looking for stakeholders involved with financial industry innovation to join its group of consultative members.

SolarWinds hack attack likely compromised thousands of companies’ data

Thousand of customers may have had their data compromised in the SolarWind hack attack that's come to light over the past few days.

Indico secures $22m in its Series B round as it looks to bolster its...

Intelligent process automation company Indico has secured $22m in its Series B as it looks to broaden its footprint in industry.

German regulator boss sacked over Wirecard transactions

Head of German audit regulator Apas has been dismissed with immediate effect after disclosing that he'd been trading with Wirecard stocks when the company was being audited earlier in 2020.

Sigma Ratings welcomes new US anti-money laundering law

Following the intense scrutiny of the FinCEN Files, US lawmakers have introduced new legislation to fight money laundering.

Latin America and teen-focused FinTech services are coming of age as the industry closes...

Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.

Tink adds €85m in investment round extension

Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.

How Covid-19 changed banks’ onboarding processes

Many banks had already started to introduce digital onboarding solutions before the coronavirus swept over the world. Following the pandemic, these efforts have gone into overdrive.

50,000+ RegTech leaders get exclusive industry stories delivered every week