Financial Conduct Authority (FCA)
‘A huge job in anybody’s terms’ – BoE’s court sets criteria for new governor
Governor must be able to promote the UK post-Brexit, while issue of diversity looms large
Global sandbox admits first fintech firms
GFIN accepts eight firms for tests in cross-border regulatory sandbox
FCA stresses need for regulations to adapt to changing technology
Technology will bring both serious risks and benefits to all groups, says FCA
Brexit muddies water in search for Carney replacement
UK chancellor says candidates are put off by the thought of having to debate politics
FCA signs new agreement with Asic as Brexit looms
UK regulator ensures continuity for trade repositories and alternative investment funds
UK and EU agree template for no-deal Brexit supervision
Template sets out basis for supervision rules under no-deal Brexit, with deadline little more than a week away
BoE/FCA climate forum launches new initiatives at first meeting
Four streams will report back on key financial risks surrounding climate change
Time running out for Brexit data compliance, Bailey warns
FCA head also highlights shortfall on Mifid trading venue equivalence
UK’s FCA unveils ‘near-final’ plan to cope with hard Brexit
EBA calls for further action on deposit insurance as the FCA aims to ensure regulations will still function
US and UK regulators strike deal to protect derivatives trading post-Brexit
Joint statement indicates continued co-operation, “whatever form” Brexit takes
Dutch central bank and regulator call for AML law for crypto assets
But regulations should change to make crypto asset financing easier for small firms – DNB
FCA opens temporary permissions regime application window
Firms have until March 28 to notify the UK regulator
FCA cracks down on ‘dysfunctional’ UK market for overdrafts
Regulator fears vulnerable people are being exploited while banks claim lucrative fees
FCA survey reveals significant increase in tech failures
Cyber incidents represented 18% of incidents reported to the FCA in year to October, despite firms appearing confident with current systems and processes
Brexit set to transfer powers to UK regulators
Government to replace EU financial institutions’ powers with UK versions, says FCA, which will gain oversight of credit ratings and trade repository regulation
FCA sets out stance on climate change
Firms may be asked to publicly disclose how they manage climate risk
IT failures reveal vulnerabilities in UK banking system
Barclays and NatWest are latest victims of internal failure
FCA’s Bailey hits back at EU location demands
It is not necessary for all EU financial activity to take place in the EU if co-operation is close and rules are aligned, the FCA chief argues
Dealers seek FRTB carve-out for Libor transition
Swaps could be hit with capital add-on as liquidity tails off in Libor
Global regulators to collaborate on fintech sandbox
UK’s FCA unveils global network of 12 regulators that will collaborate on testing and supervising innovative technology
UK regulators welcome Brexit ‘back-stop’ legislation
Draft law would allow firms temporary access to UK markets in event of ‘hard’ Brexit
Post-Brexit regulation must avoid ‘race to the bottom’ - FCA official
UK and EU negotiators must aim for customer protection and open markets, says Delfas
FCA’s Bailey stresses need for Libor backstop
Chief executive warns firms the end of Libor is not a “black swan” event, but a certainty, as contracts referencing the benchmark continue to grow
FCA chair warns of big data-driven ‘algocracy’
Technology could lead to a society ruled by algorithms, if safeguards are not put in place, says Charles Randell