Tag: UK

The UK will introduce a new regulator to supervise investment firms in 2022 and the top City watchdog now wants to hear from market stakeholders.

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Kamma, a RegTech platform for property licensing, has reportedly netted £1.6m in its funding round.

The UK’s Financial Conduct Authority (FCA) is replacing its data collection platform Gabriel with RegData and has highlighted a number of its improvements to user experience.

BearingPoint RegTech has launched an outsourcing solution for regulatory reporting that will diminish the cost of compliance for institutions.

Web archiving and monitoring solution MirrorWeb has completed a £2m investment from UK private equity firm Maven Capital Partners.

The UK’s Financial Conduct Authority (FCA) has welcomed the Financial Services Bill introduced in Parliament, which it believes will offer high standards and clarity for firms.

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

The UK’s Financial Conduct Authority (FCA) has released the second annual perimeter report, which states big tech companies like Google should do more to protect consumers.

The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.