Regulation
Morgan Stanley set to shift some London compliance roles to Glasgow
Banks are increasingly looking to nearshore back- and middle-office jobs
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
4 min read
FCA mulls overhaul of fund value reports
Axing reporting requirements will lead to ‘significant cost saving’ for almost 150 firms, City watchdog says
2 min read
FCA to lift ban on crypto ETNs for retail investors
Firms will be able to offer crypto ETNs to novice traders in the UK
2 min read
FCA chief operating officer resigns
Emily Shepperd is leaving the regulator after a four-year stint, Financial News learns
3 min read
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
FCA mulls investigations panel overhaul
Firms are being asked whether the process for so-called skilled-person reviews needs to be updated
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
Bank of London investigated by UK regulator as auditor warns of ‘material uncertainty’
Clearing bank’s 2023 accounts, published after a more than seven-month delay, show a £12.4m loss alongside ‘significant turnover of staff and inadequate record keeping’
UK pension funds up ambitions for private markets in new Mansion House Accord
Latest deal sees a host of top names pledge 10% towards the sector in a bid to boost economic growth
3 min read
Force pension funds to invest in the UK? Nice idea, but it could backfire
The government must admit buying British might have little upside or even cause harm
4 min read
Trading Places: Hires for Citi, UBS and Paul Hastings
Find out who is on the move in the City and beyond this week
3 min read
FCA confirms payments and digital finance boss
David Geale named permanent head of payments and digital finance
2 min read
Ex-KPMG CEO on how to regulate businesses for growth
Regulators need to do more than just cutting red tape and bureaucracy, says former KPMG chief executive
4 min read