U K Parliament news and trends

UK Electronic Documents Bill Marks Major Gain for Trade Digitization
Commerce // October 13, 2022

The United Kingdom government on Thursday (Oct. 13) passed the Electronic Trade Documents Bill in parliament, ending the legal requirement for certain business documents, such as bills of exchange, promissory notes, warehouse receipts, and marine and cargo insurance certificates, to be printed on paper. Learn...

UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
Banking // August 31, 2022

In the U.K. political system, all-party parliamentary groups (APPG) consist of multi-partisan collaborative panels that bring together members of both houses to investigate important issues from a policymaking perspective. One of these groups, the APPG for Challenger Banks and Building Societies (the APPG), on Wednesday...

Parliament Rejects PM’s Deal And A No-Deal Brexit
Brexit // March 14, 2019

It wound up being no deal for a no-deal Brexit. As widely reported this week, the U.K. Parliament gave a thumbs down, on Tuesday (March 12), to a Brexit-with-a-deal, which Prime Minister Theresa May helped negotiate with the European Union (EU). A second “no” said...

UK Parliament Considers Publishing Confidential Facebook Docs
Facebook // November 26, 2018

The U.K. Parliament could release confidential documents on Facebook that it seized, as soon as this week, as the pressure on the social media’s executives mounts in the wake of the Cambridge Analytica scandal. According to a report in the Financial Times (FT), citing Damian Collins, chair...

Quick Reads
Report: British Banks Preparing New Efforts to Fight Economic Crime

June 22, 2023
British banks are reportedly testing ways to share data to prevent money laundering and terrorism financing. Six or more banks are preparing to participate in two pilot programs that may be launched in October if an economic crime and corporate transparency bill becomes law, Reuters reported Wednesday (June 21), citing unnamed sources. In one pilot, […]

Parliament Rejects PM’s Deal And A No-Deal Brexit

March 14, 2019
It wound up being no deal for a no-deal Brexit. As widely reported this week, the U.K. Parliament gave a thumbs down, on Tuesday (March 12), to a Brexit-with-a-deal, which...

UK Parliament Considers Publishing Confidential Facebook Docs

November 26, 2018
The U.K. Parliament could release confidential documents on Facebook that it seized, as soon as this week, as the pressure on the social media’s executives mounts in the wake of the...