Tags The UK

Tag: the UK

UK’s Labour Party promises new banking hubs amidst branch closures

To deal with the rising crisis of UK bank branch closures, the Labour Party has unveiled a plan to safeguard access to essential banking services.

UK wealth sector faces £3.8m in penalties amidst new regulations

The UK wealth management sector has faced significant financial repercussions this year, accumulating £3.8m in fines from the FCA.

France and UK rally for tighter regulation of spyware post-Pegasus scandal

The UK and France have recently rallied around for tighter regulatory of commercial spyware following the Pegasus scandal in 2021. 

UK cyber authorities raise alarm over AI chatbots in business operations

The UK's National Cyber Security Centre (NCSC) has issued a warning about the security implications of using AI-driven chatbots in business settings.

What investment firms need to know about Market Watch 74

The UK FCA recently unveiled Market Watch 74, a newsletter offering an in-depth look into regulatory concerns surrounding transaction reports by investment firms.

Do banks and building societies have their customers’ best interests at...

Research conducted by NTT DATA UK&I has found 46% of people do not believe their banks or building societies have their best interests at heart. 

Why eflow Global is driving the SaaS revolution in RegTech

After over a ten-year gap between funding rounds, eflow Global has secured its Series A funding round to support its new focus as a 100% cloud-based SaaS model.

RUSI proposes cyberinsurance reforms for enhanced ransomware defence

The Royal United Services Institute (RUSI), an established UK think tank, has assessed the nexus between cyberinsurance and ransomware, suggesting a more robust reporting system from victims to the UK government.

Rising tide of fraud: UK losses surge to £593m in Q2...

In Q2 of 2023, the UK saw a rise in fraudulent activity with a loss of £593m, pushing the total stolen cash in the past year to almost £3.5bn.

UK government unveils groundbreaking sustainability disclosure standards

The UK government will establish UK Sustainability Disclosure Standards (SDS) that will enable firms to report on sustainability and climate-related risks.

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