Metro Bank faces a £16m fine from the UK financial regulator for ineffective transaction monitoring systems, reflecting widespread concerns about financial security.The Financial Conduct Authority (FCA)…
Browsing: Financial Conduct Authority
The Financial Conduct Authority (FCA) has imposed a hefty fine on Wise CEO, Kristo Käärmann, raising concerns about leadership conduct within financial firms.Käärmann was fined due…
Britain’s Financial Conduct Authority (FCA) is spearheading an initiative to explore artificial intelligence (AI) in financial services, introducing an innovative AI lab.The AI lab will unite…
Shein, a rapidly expanding Chinese online retailer, is set to embark on a series of informal investor meetings in anticipation of its upcoming London IPO.The firm,…
In a strategic move, Tate & Lyle has circumvented the need for a shareholder vote over its significant acquisition.This decision follows new regulatory guidelines introduced by…
The Financial Conduct Authority (FCA) has fined Starling Bank £29m due to inadequate financial crime controls.The digital bank is accused of failing to design effective systems…
Starling Bank has faced regulatory action with a £29m fine imposed by the UK Financial Conduct Authority (FCA) due to lapses in their financial sanctions system.The…
The recent conviction of Olumide Osunkoya marks a significant precedent in UK law enforcement against illegal crypto ATMs.Osunkoya operated a network of at least 11 unauthorized…
Julian Dunkerton, Superdry’s CEO, has called attention to Shein’s tax practices, labeling them as unfair positioning in the UK market.Shein utilizes a UK tax loophole exempting…
The latest updates highlight strategic moves by major brands like Nike and controversies surrounding Shein.Nike plans to introduce a new range of trainers globally, priced at…