Regulation News
A new report released has claimed that the UK, the first mover and, until now, seen as a global leader in Open Banking will lose that leadership position this year unless drastic action is taken.
Coinbase has been fined €3.33 million for providing crypto services in the Netherlands without securing registration with the country's central bank.
German RegTech Hawk AI has raised $17 million in Series B financing to fund further product development and global expansion.
The UK's Financial Conduct authority has fired a shot across the bows of firms preparing for new Consumer Duty rules, warning that some are falling behind in their preparation and are failing to address a shortfall in their technology resources.
A new industry-backed report [1] from TheCityUK finds that financial regulatory authorisations at the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) can be slow, inefficient and unpredictable.
Salv, a regtech startup startup founded by a gaggle of former Wise and Skype staffers, has raised €4 million in a seed round extension led by ffVC and joined by G+D Ventures.
