Regulatory risk
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FCA fines Monzo £21m for opening new accounts despite ban
The FCA has said it was obvious that some customers were too “high risk” to be allowed to open an account at Monzo.
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UK parliamentary report calls for clarity and culture change at FCA and PRA
House of Lords Financial Regulation Committee says UK regulators could copy the approach taken by Singapore.
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Panel discussion: Regulatory change management in 2025
Experts discussed innovation and strategic priorities and how firms could deal with the challenges of RCM in a rapidly changing environment.
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FCA proposes new category for large commercial insurance customers
The UK insurance sector has welcomed the proposals, but critics argue deregulation under political pressure could be risky down the line.
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XLOD London 2024: Assessing the risk and control landscape for 2025
The first of a series of reports from XLOD London features a panel discussion with experts from Standard Chartered, Lloyds Bank, and Citigroup.