Korea’s FSS targets executives in consumer protection push
The Financial Supervisory Service (FSS), South Korea's financial watchdog, has signed a collaborative agreement with six industry associations and training bodies aimed at strengthening...
FCA trims SM&CR: streamlining or a new culture risk?
The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons,...
EU supervisors tighten grip on cross-border investment firms
The ESMA, the EU's regulator and supervisor for financial markets, has released a follow-up report examining how national watchdogs have strengthened their oversight of...
$931m in Q2 fines shows escalation, not detection, is failing
Global enforcement penalties in the second quarter of 2026 reached their highest level in four quarters, according to a new analysis of regulatory activity...
UK Chancellor bets on Skills Compact to protect UK finance edge
The Chancellor of the Exchequer used her annual Mansion House speech to unveil the Financial Services Skills Compact, a shared agreement between government, the...
ASIC hits Deutsche Bank with $2m penalty over OTC data
Deutsche Bank Aktiengesellschaft has handed over $2m in penalties after Australia's corporate regulator found it had misreported in excess of 260,000 OTC derivative trades,...
UK moves to rein in cloud giants powering finance
Four of the world's largest cloud and technology companies will fall under a new UK supervisory regime from next week, as the Government moves...
ESMA moves to cut Taxonomy reporting burden for firms
The European Securities and Markets Authority (ESMA) has opened a consultation on technical advice to the European Commission concerning selected KPIs under the Taxonomy...
Google ordered to pay Klarna $1.5bn in antitrust case
Klarna, the Swedish payments platform that owns price comparison service PriceRunner, has secured a landmark damages ruling against Alphabet's Google after a court in...
SRB liquidity overhaul puts banks’ crisis readiness to the test
The Single Resolution Board's (SRB) consultation on its updated Operational Guidance on Liquidity and Funding in Resolution is far more than a tidy-up exercise....
