For any queries, please contact Customer Services or your Account Manager. Dismiss
Financial Services
Editor's Picks
-
UK banks to be quizzed on levels of ‘on us’ fraud reimbursement
Banks and payment providers in the UK will soon be asked to provide metrics to financial services regulators on the levels of “on us” Authorized Push Payment fraud ... (more story)
-
UK FCA is focused on long-term growth, not flash fixes, director says
With the UK financial watchdog increasingly focused on delivering reforms to help boost sustainable growth in the country, its director of infrastructure and exchan... (more story)
-
Thai cybercrime emergency decree to go into effect in April, deputy PM says
An emergency Thai decree that would hold financial institutions, social media platforms, and telecommunications providers financially liable for failing to adequate... (more story)
Insight View More
South Korea’s top court ruled unanimously today to permanently remove President Yoon Suk Yeol from office following his impeachment over a declaration of martial law that triggered a political crisis and mobi... (more story)
Giving EU judges the power to change a regulator’s decision and not just review its legality would avoid the “unsatisfactory ping-pong” of cases, according to Ulf Öberg, a judge at the EU’s lower-tier General Court.
The European Parliament and the Council of the EU have asked the European Commission to simplify its financial data access proposal, known as FIDA, before resuming discussions on it. This request follows conce... (more story)
Former Barclays boss Jes Staley made false claims about his relationship with disgraced financier Jeffrey Epstein, a UK court was told today as closing arguments began in a month-long trial. Staley is fighting... (more story)
A former non-executive director at collapsed Wyelands Bank was handed a fine of 72,000 pounds by the UK prudential watchdog for breaches of conduct rules between 2017 and 2020. Last month, audit company PwC ha... (more story)
Visa and Mastercard should have to report their UK financial performance on an ongoing basis, the country’s payments regulator formally proposed today as it opened a consultation on remedies in the market for ... (more story)
Two Deutsche Bank units have been fined 25 million euros ($27 million) by German prosecutors over allegations of "greenwashing" financial products. Today's fine follows similar action taken against one of the ... (more story)
UK judges at the Supreme Court have heard on Wednesday that if car finance lenders paid no commissions to brokers, the car finance provided to customers wouldn't be any cheaper. The remarks from the barrister ... (more story)
Comment View More
Banco BPM is to go ahead with its plan to buy asset manager Anima despite its supervisor, the ECB, pushing against the favorable capital requirements treatment that the bank was expecting. The central bank's s... (more story)
The author of an influential UK "future of payments" review has said recent government reforms to sector regulation have gone further than even he imagined. Joe Garner’s review set in motion events that led to... (more story)
The future of the UK car finance industry is at stake this week with a three-day hearing of the country's highest court from tomorrow. Judges are tasked with examining whether commissions paid by lenders to de... (more story)
With the UK financial watchdog increasingly focused on delivering reforms to help boost sustainable growth in the country, its director of infrastructure and exchanges has stressed that the focus is on the lon... (more story)
After a series of victories for the payments industry in its fight for a less constrictive regulatory regime, attention is now likely to turn to an often-overlooked provision in the UK’s fraud-reimbursement ru... (more story)
Concerns that a move to abolish the UK’s dedicated payments regulator could result in less focus on payments are “absolutely reasonable,” a senior official from that regulator has said. “If we don’t think abou... (more story)
Regulatory changes to EU financial services are needed to “create truly integrated and deeper European capital markets, by achieving the Capital Markets Union as a matter of urgency,” EU leaders concluded at t... (more story)
US President Donald Trump’s firing of Democratic Federal Trade Commission members Alvaro Bedoya and Rebecca Kelly Slaughter is setting up a likely Supreme Court fight that could dramatically reshape the executive branch.