The UK Treasury has announced new BNPL rules for early 2025 to protect consumers.These rules will include mandatory affordability checks and enhanced consumer protections.A consultation involving…
The Financial Conduct Authority (FCA) is under scrutiny regarding its role in promoting growth, as acknowledged by its CEO, Nikhil Rathi.Nikhil Rathi admitted that the FCA…
The Financial Services Compensation Scheme (FSCS) has declared six financial firms in default over August and September, enabling clients to make claims.The firms involved are no…
The Financial Conduct Authority (FCA) has embarked on a detailed review regarding the consolidation activities of financial advice firms.This review involves communication with CEOs and directors,…
The Solicitors Regulation Authority (SRA) is amplifying its efforts towards enhancing price transparency in legal services.The re-energised agenda may require firms to disclose prices in a…
In 2024, financial firms face increased regulatory pressure due to heightened scrutiny by the FCA.KPMG UK’s Regulatory Barometer indicates intensified consumer protection oversight.The digital finance reliability…
The UK government is poised to introduce new regulations for Buy Now Pay Later (BNPL) services.City Minister Tulip Siddiq has voiced significant concerns about the potential…
Representative Maxine Waters is urging her colleagues in the U.S. House to pass the stablecoin bill. With time running out, she stresses the importance of agreement…
The UK banking sector is set to introduce a pivotal change, empowering banks to freeze large transactions for up to four days starting this autumn.This strategic…
The Legal Services Board (LSB) has postponed the approval of increased contributions to the SRA Compensation Fund, marking an unprecedented delay.This postponement pertains to increased contributions…
