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UK announces cyber action plan to tackle threats to public services
Ministers believe investing in cybersecurity apparatus is necessary to protect the UK against threats from state and non-state actors at home and abroad.
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FCA fines former Carillion directors in misleading statements case
Richard Adam and Zafar Khan have been accused of acting recklessly despite being concerned about the financial troubles at the company. Carillion’s former CEO is also facing a hearing.
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South Korea set to upgrade AML rules around virtual assets transactions
A special taskforce will meet twice monthly and draw up opinions and plans to upgrade the Act on Reporting and Using Specified Financial Transaction Information.
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Asia-Pacific in focus: December 2025 at a glance
Our monthly roundup of the latest developments in financial regulation from the Asia-Pacific region.
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UK government opens consultation on reforming benchmarks regime
The FCA has welcomed the government’s decision.
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FCA opens consultation on bespoke market risk rules for non-bank firms
The regulator has proposed seven possible approaches for reforming current rules.
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FCA boss dismisses insider trading concerns after pre-budget detail leaks
The FCA and the OBR have completed their assessment of the leaks and found no foul play, but the Cabinet Office and the Treasury are also looking into the matter.
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New York, London, and Singapore top city-level ranking of financial hubs
Ranking is based on each city’s ability to adapt to a constantly evolving financial landscape by updating regulations, creating talent pools, and encouraging innovation.