United Kingdom to Lead Fintech with New Recommended Blueprint The review suggested the setup of a £1 billion fintech fund, along with improving regulations.
CySEC Extends Application Deadline for Post-Brexit Temporary Permissions UK companies can operate in the country till December 31, 2021.
Revolut Applies for UK Banking License The company already operates as a full bank in the EU with a Lithuanian license.
Regulator Warns Britons on ‘High Return’ Crypto Schemes Demand for cryptos skyrocketed as the digital currencies are on a bull run.
Pandemic Pushes 4,000 UK Financial Firms into Failure Risk The regulator had conducted a massive survey of the industry, gathering data from 23,000 firms.
Deutsche Börse Starts Regulatory Reporting in the UK after Brexit The UK trade repository was formed in March 2019.
Brexit: UK Regulator Offers Temporary Relief on Swaps Trading British companies can approach EU platforms till March 2021.
Interactive Brokers Wants Migration of East European Accounts to Hungary It is not clear if it is asking traders across the EU for such migration.
AxiCorp’s UK Subsidiaries Saw Healthy Growth in FY2020 Business Revenue’s of both AxiCorp Limited and Star Financials came in positive.
UK Crypto Firms Awaiting Recognition Get Temporary Relief The companies which have applied for recognition can offer their services till July 9, 2021.
FCA Permanently Bans Speculative Mini-Bond Mass Marketing The already imposed temporary ban will become permanent on January 1, 2021.
Starling Becomes First Digital Bank to Post Profits The bank generated an operating profit of £0.8 million in October.
Gemini Taps ClearBank for Banking Services in the UK The banking services will include dedicated account numbers, sort codes, and Faster Payments.
UK to Allow Share Trading in EU Post-Brexit The ESMA, on the other hand, wants to limit EEA company shares trading within the bloc.
BBVA Pilots SWIFT gpi Integration into UK’s FPS Infrastructure SWIFT is actively testing instant international transfers using gpi.
TIOMarkets UK Turns Profitable in 2019 Despite being a new brokerage, TIOMarkets is showing strong growth trends.