FCA defends ‘name and shame’ plans after City backlash April 29, 2024 The Financial Conduct Authority (FCA) has launched a robust defence of its plans to ‘name and shame’ companies under investigation today after a fierce backlash against the proposed changes in recent weeks.
Andrew Tyrie: How greater competition could spur productivity growth April 25, 2024 "The UK government does not have a framework in place for monitoring levels of competition in the economy that’s fit for purpose," Lord Tyrie said. "It badly needs one".
Chickens: The latest victims of Bureaucracy Britain April 25, 2024 Neil Bennett, co-CEO of H/Advisors and proud chicken owner, takes the Notebook pen to talk about how red tape if affecting his poultry.
Regulatory burden on business up by £6bn a year under Conservatives April 23, 2024 The regulatory burden placed on businesses has risen by £6bn a year under the Conservative government, a new report has found.
Badenoch accuses FCA of ‘overreach’ with diversity rules April 18, 2024 Kemi Badenoch has accused the Financial Conduct Authority of regulatory “overreach” on diversity and inclusion after the watchdog outlined plans to boost representation in the City.
City group calls for scrutiny of UK regulators’ impact on competitiveness against international peers April 18, 2024 Greater comparison of the UK's financial regulators to their international counterparts is needed to better evaluate their secondary objective for competitiveness and growth, a top City body has argued.
E.T.? March 25, 2024 The surge of institutional interest in digital assets and blockchain technology over recent months shocked many after last year’s crypto meltdowns. But the U.S. Securities and Exchange Commission's (SEC) January approval of bitcoin exchange traded products (ETPs), the FCA’s recent update and approval of cryptoasset-backed Exchange Traded Notes (cETNs) for professional investors, BlackRock's bitcoin exchange traded fund (ETF) hitting the $10 billion mark faster than any other in history, and now their SEC filing last week for the USD Institutional Digital Liquidity Fund to invest in tokenised assets, all mark a milestone in the evolution and wider adoption of Web3 technology across financial services.
City firms face increasing regulatory burden from post-Brexit overhauls March 20, 2024 City firms are facing increased regulatory pressure, according to new data shared exclusively with Morning Wire, as the UK and EU diverge on financial services rules.
Football regulator’s powers to be revealed in bill – and opinion is already divided March 18, 2024 The long-awaited Football Governance Bill will be introduced to Parliament on Tuesday.
Nudge unit: Clearer consumer information could boost UK productivity and add up to £23bn to GDP March 18, 2024 The paper, published by the Behaviour Insights Team (BIT), found that giving consumers clearer information could improve productivity and boost growth.