Tag: Regulation
Revolut’s chief financial officer Mikko Salovaara departs
Revolut's Chief Financial Officer (CFO), Mikko Salovaara, has left the company citing personal reasons. This departure follows the exit of James Radford, former CEO...
Germany’s Unstoppable Finance to build Europe’s first DeFi bank
German fintech start-up Unstoppable Finance plans to build Europe's first fully regulated decentralised finance (DeFi) bank. The company aims to issue a fiat-backed euro...
TD Bank nixes First Horizon merger citing regulatory approval delays
Toronto-Dominion Bank (TD Bank) and First Horizon have terminated their proposed $13.4 billion merger due to regulatory approval delays. TD Bank will pay $200...
LHV lands UK banking licence from the Prudential Regulation Authority
Estonia's LHV Bank has been granted a UK banking license by the Prudential Regulation Authority (PRA), becoming the first company to receive a UK...
FCA proposes listing regime revamp to make UK more competitive
The UK's Financial Conduct Authority (FCA) has proposed revamping its listing rules to make them simpler and more competitive, in a bid to attract...
Cross-border paytech PingPong Payments nabs UK EMI licence
PingPong Payments, a US-based cross-border payments firm, has obtained an Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA), allowing it...