The UK
You Will Earn the Most in These Two Financial Technology Sectors, Survey Finds
- The fintech industry has seen significant changes in hiring and salaries, according to Harrington Starr.
- Cyber security and IT are two places that attract the most people due to their high earnings.
Thursday, 13/06/2024 | 13:09 GMT by
Damian Chmiel
Revolut Moves HQ to Heart of London's Financial District amid Big Bank Departures
- The UK fintech is set to move into a new base in the YY London building in Canary Wharf.
- The move comes as the company expands its workforce and awaits approval for a UK banking license.
Thursday, 13/06/2024 | 07:28 GMT by
Damian Chmiel
Visa and Mastercard Face Fresh Trouble in the UK as Tribunal Approves Merchant Lawsuits
- The Competition Appeal Tribunal in London ruled that collective lawsuits against Visa and MasterCard over fees can continue.
- This ruling enables more merchants to join forces in seeking damages.
Friday, 07/06/2024 | 18:14 GMT by
Jared Kirui
UK, Singapore Eye Private Capital in Commitment to Sustainable Finance and Fintech
- The two countries aim for standardized disclosure frameworks and mobilization of private capital for green finance initiatives.
- Recent discussions between the two nations also focused on artificial intelligence, crypto assets, and central bank digital currencies.
Wednesday, 08/05/2024 | 12:55 GMT by
Jared Kirui
UK Chancellor Jeremy Hunt Clashes with FCA over Controversial “Name and Shame” Policy
- He joins the voices arguing that the FCA's plan could hinder economic growth.
- The debate underscores the increasing tension between the government and the regulator.
Wednesday, 01/05/2024 | 10:29 GMT by
Damian Chmiel
Even Ministers Believe FCA's "Name and Shame" Policy Will Harm the City of London
- Critics from the private and public sectors argue that the move could unfairly damage reputations.
- Specifically, the FCA's investigations last an average of 4 years, and 65% conclude end without any resulting action.
Wednesday, 24/04/2024 | 08:28 GMT by
Damian Chmiel
This Company Sidesteps £50 Million Fine, as FCA Wants to Compensate More Investors
- The regulator finds Link Fund Solutions mismanaged Woodford Equity Income Fund.
- However, it will not impose a multimillion-pound fine to give more money back to investors.
Thursday, 11/04/2024 | 09:15 GMT by
Damian Chmiel
Named and Shamed: UK Regulator to Publicly Reveal Probed Firms
- The regulator will reveal more about company probes earlier to boost market transparency.
- Also, similar to the US SEC, the market watchdog wants to offer financial incentives to informants.
Tuesday, 27/02/2024 | 08:27 GMT by
Damian Chmiel
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