A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now...
Little has been heard from Rishi Sunak since losing the Tory leadership race to rival Liz Truss, now Prime Minister of the U.K., earlier this...
A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits...
Last week saw the implementation of the U.K.’s long-awaited “Register of Overseas Entities,” a cornerstone of the government’s Economic Crime Act. But what is “economic...
On Wednesday (July 13), the Treasury Committee at the U.K. Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border...
The U.K. government revealed today (May 10) its legislative agenda for the next parliamentary session. The Queen´s Speech, this year delivered by Prince Charles, unveiled...
Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing...
U.K. legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported...
U.K. MPs are criticizing the Financial Conduct Authority (FCA) after it decided not to take action against RBS despite finding that the bank mistreated small...