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Social

Action week on finfluencers: UAE introduces licensing rules; UK makes arrests

Nine regulators worldwide took actions on financial influencers as part of a “global week of action against unlawful finfluencers” that...
By Niece Prayoonrat 10th June 2025
Action week on finfluencers: UAE introduces licensing rules; UK makes arrests

Regulatory Reform

PRA leverage ratio proposals risk harming government plan to double mutual sector

UK Prudential Regulation Authority (PRA) proposals to amend its “backstop” leverage ratio fail to fully consider building societiesʼ distinct business...
By Lindsey Rogerson 9th June 2025
PRA leverage ratio proposals risk harming government plan to double mutual sector

Compliance

FCA CEO says regulator tackling ‘rip-offʼ motor insurance, as Which? mulls super complaint

Nikhil Rathi, chief executive of the UK Financial Conduct Authority (FCA), said it was focused on reducing harm, in response...
By Lindsey Rogerson 5th June 2025
FCA CEO says regulator tackling ‘rip-offʼ motor insurance, as Which? mulls super complaint

Climate

Reassessing European and international sustainable reporting standards

The jury is still out on how big a knife will be taken to Europe’s landmark sustainable reporting standards but...
By Lindsey Rogerson 4th June 2025
Reassessing European and international sustainable reporting standards

ESG Reporting

Financial firms concerned over EU ‘omnibusʼ data rollback

Leading financial firms and some of Europe’s largest corporates are concerned that plans by the European Commission to reset its...
By Lindsey Rogerson 4th June 2025
Financial firms concerned over EU ‘omnibusʼ data rollback

ESG Compliance

Sustainability becoming ‘business as usualʼ for central bank supervisors

European banking supervisorsʼ work on sustainability risks was now “much more business as usual” and embedded in their everyday interactions...
By Lindsey Rogerson 3rd June 2025
Sustainability becoming ‘business as usualʼ for central bank supervisors

Climate

UK government wants to give ‘air coverʼ for responsible use of carbon credits

The UK government wants support corporates using carbon credits to mitigate climate change, said Zoe Norgate, deputy director for international...
By Lindsey Rogerson 2nd June 2025
UK government wants to give ‘air coverʼ for responsible use of carbon credits

Financial Crime

US sanctions relief starts Syria’s eventual banking return

The recent granting of limited sanctions relief to Syria by the United States could kickstart the Middle Eastern country’s eventual...
By Rachel Wolcott 2nd June 2025
US sanctions relief starts Syria’s eventual banking return
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