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UK regulators issue joint proposals to tackle risk of financial instability posed by CTP dependency

UK regulators (Bank of England, PRA, FCA) collaborate on proposals Legislative proposals target potential financial instability from relationships with critical third parties (CTPs) ...

Fairer Finance appoints Tim Hogg as director to strengthen Consumer Duty expertise

Fairer Finance, a London-based research and ratings agency, appoints Tim Hogg as director to bolster its expertise in the UK's Consumer Duty and enhance...

BoE and FCA Deliver Data Collection Transformation Update

The Bank of England (BoE) and Financial Conduct Authority (FCA) have successfully completed phase one of the Transforming Data Collection (TDC) program, meeting all...

E-money accounts outstrip bank current accounts in the UK

A report by Dsruptiv reveals that electronic money accounts in the UK have surpassed traditional bank current accounts, with over 250 licensed electronic money...

UK’s FCA selects NayaOne to build and operate Digital Sandbox platform

UK-based fintech NayaOne has been selected by the Financial Conduct Authority (FCA) to develop and manage the Digital Sandbox program, which offers a secure...

FCA: Seeks fixed-rate reforms on easy savings accounts

FCA: Seeks fixed-rate reforms on easy savings accountsThe UK’s Financial Conduct Authority (FCA) proposed a fixed % rate amendment further regulating the ‘easy...

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