Regulation
Shake-up of financial advice rules could trigger more wealth deals
If clients can accept more impersonal support, the FCA’s plans will transform the market
4 min read
Meet three of FN’s Most Influential in European Finance
Find out about a trio making their debut this year
3 min read
IBM consultant wins race to lead EU money laundering watchdog
Promontory partner Nicolas Vasse will take charge of AMLA from September
1 min read
Jane Street banned from Indian markets after alleged manipulation
Trading giant allegedly made $570m in ‘unlawful gains’
2 min read
UK fintech wins race to become EU’s top source for bond trading data
Ediphy-led group to provide EU’s consolidated tape for bonds
2 min read
The government fired the CMA’s chair. Then it deleted the messages
WhatsApp records were set to disappear, the Department for Business and Trade confirms
4 min read
Morgan Stanley set to shift some London compliance roles to Glasgow
Banks are increasingly looking to nearshore back- and middle-office jobs
2 min read
KPMG fined over Carr’s Group audit
Accounting watchdog slaps Big Four beancounter and partner with sanctions
2 min read
FCA warned four staff about sending confidential information to personal emails
The City watchdog issued warnings after a number of employees breached its policies
2 min read
FCA appoints first deputy CEO
Sarah Pritchard will take on the role as the regulator’s remit expands
2 min read
FCA boss hints at further crackdown on finfluencers
Nikhil Rathi opens the door to more lawsuits against social media personalities promoting suspect financial schemes
2 min read
Dozens of SFO cases face potential legal challenge after software failures
Prosecutor forced to reveal extent of disclosure review after FN wins transparency battle
FCA mulls overhaul of fund value reports
Axing reporting requirements will lead to ‘significant cost saving’ for almost 150 firms, City watchdog says
FCA to lift ban on crypto ETNs for retail investors
Firms will be able to offer crypto ETNs to novice traders in the UK
FCA chief operating officer resigns
Emily Shepperd is leaving the regulator after a four-year stint, Financial News learns
Why private equity’s wealth management push is stalling
Regulatory headwinds, ballooning debt burdens and sky-high valuations are giving buyers pause for thought
7 min read
Starling Bank profit slides on FCA fine and bad Covid loans
The digital bank has faced criticism for its lending during the pandemic
3 min read
EU delays capital rules for banks’ trading arms for second time
Regulation will be pushed back one year to the start of 2027
2 min read
FCA mulls investigations panel overhaul
Firms are being asked whether the process for so-called skilled-person reviews needs to be updated
2 min read
Ex-City minister backs bonus cap cut as government pushed to go faster on growth
Bim Afolami joins the Lord Mayor and others in calls to slash red tape
3 min read