Technology has created grey areas regulators are now forced to navigate.
FCA issues largest ever fine for anti-money laundering after Deutsche Bank fails to prevent billions being transferred out of Russia.
Major blockchain companies including SETL are leading the first group of FinTech firms joining the FCA’s regulatory sandbox.
The UK’s FCA has processed 24 out 69 successful applicants for its sandbox, who will move on to testing soon.
Regulator’s fintech sandbox working with several blockchain specialists.
The FCA’s role remains unchanged post-Brexit as it expects firms to continue with plans for EU regulation.
The UK regulator says it is closely monitoring markets after the UK votes to leave the EU.
The UK’s financial regulator has hired the former chief executive of the country’s trade body for asset managers, who was forced out of his former role last year.