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MAS unveils new AI risk management guidelines

The MAS has published a consultation paper proposing comprehensive new Guidelines on AI Risk Management, aimed at ensuring the responsible and secure use of...

Bank of England sets rules for systemic stablecoins

The Bank of England has launched a consultation outlining its proposed regulatory framework for sterling-denominated systemic stablecoins. The move marks a major milestone in shaping...

Payments body slams Labour’s regulation overhaul

The Labour government’s ambitious pledge to transform the UK’s payments landscape has been criticised by industry leaders, who claim the changes amount to a...

EU delays CSRD sustainability rules for non-EU firms

The European Commission has announced a delay in adopting sustainability reporting standards for non-EU companies under the CSRD, as part of its broader agenda...

UK financial services jobs shrink as AI reshapes sector

The UK financial services workforce is experiencing a marked contraction, with new analysis of FCA permissions data showing a decline across nearly all regulated...

UK launches consultation on FCA takeover of PSR

The UK government has launched a consultation on plans to integrate the PSR into the FCA, marking a significant restructuring of the payments regulatory...

Bank of England explores gilt repo market reforms

The Bank of England has published a new discussion paper examining ways to strengthen the resilience of the UK’s gilt repo market, working closely...

EU firms urged to follow AI code as fines loom

The European Union has officially published a voluntary code of practice for general-purpose artificial intelligence (GPAI), offering companies guidance on how to align with...

New EFRAG report pushes to streamline ESRS rules

EFRAG has published a progress report detailing its efforts to simplify the ESRS responding to a formal request from the European Commission. The report,...

EU must cut SFDR complexity, ACCA warns

The ACCA has called on the European Commission to simplify its SFDR, warning that its current complexity risks undermining the bloc's sustainability ambitions. In its...

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