FCA appoints Christopher Woolard as interim chief
Former head of strategy takes over from BoE-bound Andrew Bailey.
Former head of strategy takes over from BoE-bound Andrew Bailey.
The executive used covert deposit accounts under his wife’s name.
Regulator looking into benefits of SaaS and PaaS.
Majority of the largest breaches to be reported in 2019 were caused by poor security protocols.
The bank is facing criminal charges for helping Iran evade US economic sanctions.
The transaction is subject to receipt of required regulatory approvals & conditions.
M-Pesa is the telco’s digital payment service.
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
“A few dozen” customers had been charged with transactions they never made.
The UK financial watchdog has been severely criticised for its lack of oversight of several funds.
EY estimates that around 7,000 positions would be relocated from London to Europe.
$380.5m is for breach compensation, and $1 bn for information security overhaul.
There are no shortage of challenges that will need to be addressed through innovation.
The FCA and Bank of England tell industry the time to act is now.
New set of rules could see a bevy of digital challengers in China.
Barclays, Natwest and Starling all took part.
It changes the current compliance game for the better.
European regulator observes that two-thirds of EU firms now producing big data services.
37 of the 58 fines were handed out by American and British regulators.
FCA: Competition is not working well for 40 million British customers.
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