News - Deals, Policy and Regulations

Extinction Rebellion climate protesters target London’s banking institutions - here’s why

Demonstrators against climate change descended upon London's financial landmarks as the Extinction Rebellion movement targeted banks and policymakers

Hunt begins for Mark Carney’s successor as Bank of England boss

Mark Carney's replacement as governor of the Bank of England will earn £480,000 a year and be expected to oversee the UK's economic stability during Brexit

Brexit tops FCA priority list for the year ahead - alongside future of regulation

The UK regulator has published its 2025/20 business plan, which identifies areas of key focus for the forthcoming year

Banks must take action on climate change, warns senior UK regulator

Sarah Breeden from the Prudential Regulation Authority urged financial institutions to begin preparations for the impact of climate change on the global economy

UniCredit to pay $1.3bn penalties to settle US sanctions investigation

Italian banking group UniCredit (UC) and two of its subsidiaries have agreed to pay penalties totaling around $1.3bn to the US and New York authorities to resolve investigations on charges related to violation of certain economic sanctions.

UBS fined £27.6m by UK FCA over transaction reporting failures

The UK’s Financial Conduct Authority (FCA) has imposed a fine of £27.6m on Swiss multinational investment bank and financial services company UBS over failures of transaction reporting.

How RBS bail-out is now helping SME banking competition in the UK

The first grant recipients of a £775m fund were revealed last month, but what is the alternative remedies package, and why is it handing out money to UK banks?

Global Financial Innovation Network targets international cooperation on regulating financial disruption

The Global Financial Innovation etwork is a joint effort by international regulators to ensure innovators in the sector are taking the necessary precautions to protect market integrity

EU set to introduce revised rules to reduce risks in banking sector

The European Union (EU) is set to implement a more vigorous framework of risk reduction measures to regulate and supervise banks.