United Kingdom

UK Seeks Guidance on New Open Banking Roadmap, Regulator

UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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UK BNPL Regulation Unlikely Before Mid-2023
UK BNPL Regulation Unlikely Before Mid-2023
June 21, 2022  |  BNPL

The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users —...

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UK Expands Interest-Free Emergency Loans to Needy
UK Expands Interest-Free Emergency Loans to Needy
June 19, 2022  |  Loans

The U.K. No Interest Loans Scheme (Nils), backed by the treasury, will now be expanded to reach up to 20,000 people, a report says. Get...

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Commercial Real Estate Lender Ashman Granted UK Banking License
Commercial Real Estate Lender Ashman Granted UK Banking License
June 16, 2022  |  Real Estate

Ashman announced in a press release yesterday that authorities in its native Britain have given it authority to lend money. Get the Full Story Complete...

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UK SMEs Give Customers the Cheap, Contactless Payments They Want
UK SMEs Give Customers the Cheap, Contactless Payments They Want
June 16, 2022  |  Payment Methods

In the U.K., The Big Issue magazine is distributed by a network of around 1500 people who are either vulnerably housed or at risk of...

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EU’s Disinformation Code Will Force Big Tech to Disclose How They Tackle Fake News  
EU’s Disinformation Code Will Force Big Tech to Disclose How They Tackle Fake News  
June 14, 2022  |  Big Tech

Facebook, Twitter and TikTok are among the signatories of a new version of the EU’s anti-disinformation code that could be published as early as next...

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UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
UK Regulator Puts Scandal-Plagued Credit Suisse Under the Microscope
June 13, 2022  |  Bank Regulation

The U.K. Financial Conduct Authority has put Credit Suisse on a watchlist of companies needing tougher supervisions, a Financial Times (FT) report says. Get the...

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UK Sets Course to Woo Big Tech
UK Sets Course to Woo Big Tech
June 07, 2022  |  Big Tech

In April, the U.K. government announced a new plan to make the U.K. a global crypto hub with, among other things, a friendly regulatory environment....

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UK Government Wants Bank of England to Regulate at-Risk Stablecoins
UK Government Wants Bank of England to Regulate at-Risk Stablecoins
June 01, 2022  |  Cryptocurrency

The U.K. government announced a few months ago that it wanted to lure the crypto community with a regulatory-friendly environment, and yesterday, May 31 the...

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