FCA and UK payments regulator launch inquiry into ‘risks’ of Paypal, Apple and Google Pay July 16, 2024 It follows previous work by the PSR on contactless mobile payments and the FCA’s examination of big tech’s role in financial services.
Schroders chief: FCA must not ‘muddle’ consumer powers with City competitiveness July 11, 2024 The boss of Schroders has called on the Financial Conduct Authority to more clearly separate its consumer protection powers from its duty to enhance the competitiveness of the City, as he issued a rallying cry to end “safetyism” in financial regulation.
Love Island ‘finfluencers’ deny part in unauthorised Instagram trading scheme July 3, 2024 Three former Love Island stars who became social media “finfluencers” have pleaded not guilty to plugging an unauthorised investment scheme.
City slams FCA’s £90,000 rebrand plans as a ‘total waste of money’ June 26, 2024 News that the Financial Conduct Authority (FCA) has committed almost £90,000 to a “brand refresh” has left the Square Mile fuming, with one City figure describing it as a “total waste of money”.
FCA under pressure to block Shein listing over forced labour concerns June 26, 2024 The Financial Conduct Authority is under pressure to block the listing of fast-fashion giant Shein due to concerns over the company’s alleged use of forced labour in its supply chains.
Shein files papers for £52bn London listing – reports June 25, 2024 Shein has confidentially filed papers for an initial public offering on the London Stock Exchange, according to reports.
FCA appoints interim retail banking boss after shake-up at payments regulator June 18, 2024 The Financial Conduct Authority (FCA) has appointed an interim retail banking boss after parachuting in its director to lead the payments watchdog amid industry backlash over new fraud refund rules.
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
Anne Stevenson-Yang on China, audit reform and why she’s unsure about Yorkshire June 8, 2024 City A.M. sits down with the co-founder of activist short-selling firm J Capital Research to discuss China, its companies and whether they require closer inspection
Home REIT tenant surrenders hundreds of properties after regulatory probe May 29, 2024 Scandal-hit property investor Home REIT has struck a deal to claw back hundreds of leases from a major tenant facing a probe from the charities watchdog.