Tag: Prudential Regulation authority
The FCA and the FRC remind companies that extended financial information...
The measures put in place to ensure regulated businesses have enough time to publish audited financial reports are still valid, remind two UK regulators.
Rich people neobank Monument receives restricted banking licence in the UK
The challenger bank for the wealthy Monument has received an authorisation with restriction banking licence from the Prudential Regulation Authority and the Financial Conduct Authority 18 months after its launch.
Citigroup fined £43.9m for regulatory reporting failures
The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.
Regulators must punish traditional and challenger banks harsher to avoid IT...
British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.
UK government releases Green Finance Strategy
The UK government has launched its Green Finance Strategy which aims to improve responses to the financial risks from climate change.
PRA, FCA host first forum on Climate Financial Risk
The Prudential Regulation Authority (PRA) and FCA have held the first Climate Financial Risk Forum (CFRF), which aims to improve responses to the financial risks from climate change.