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UK's Financial Conduct Authority Issues Warning To Banks On Cryptocurrency Risks - Latest News

Regulator issues warning to banks leaving the City over Brexit

The UK Financial Conduct Authority has told lenders in London ... willing to intervene if it believes that international banks are exposing clients or markets to ‘unacceptable execution risks’. In the ... read more

Bank Of England Governor Warns On No Deal Brexit

Carney had been criticised for warning that a “no deal” Brexit could tip the UK economy into recession ... Select Committee by the Financial Conduct Authority. It noted: "Leaving the EU creates a numb... read more

Brexit: UK economy not ready for no deal, Mark Carney says

He said the UK would need a transition period to adapt to whatever form of exit from the EU that Parliament chose. He denied that the Bank's warning ... The UK's financial regulator, the Financial Con... read more

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Banks warned against over-reliance on third-party security providers

Most board members of wholesale banking and asset management companies lack familiarity with the cyber-security problems their organisations face, according to a new report by the Financial Conduct Au... read more

Cryptocurrency This Week: UPSC Website Hacked For Cryptojacking, Google Bans Bitcoin Ads And More

HDFC Bank Bars People Trading Bitcoin And Other Cryptocurrencies With Its Cards After SBI Bank issued a warning ... Francisco-based cryptocurrency exchange Coinbase has been granted an e-money license ... read more

UK: Gov’t Taskforce Proposes Crypto Regulation Changes, Questions Crypto Definition

Cryptocurrency ... cryproassets pose a range of risks to consumers, market integrity due to manipulation, and other market-abuse issues, it also notes that the situation may change in the future. The ... read more

Moody's: Conduct litigation charges for Lloyds, HSBC, Barclays, RBS and Santander UK rose 40 per cent to £15bn last year

Legal fees and remediation costs for conduct issues will continue to pose downside risks for Britain's biggest banks, Moody's Investors Service is warning today ... be filed ahead of the looming Finan... read more

A token gesture? Why cryptocurrency is the future of soccer fan engagement

They are crypto-assets, not backed by a central bank, but which can act like ... of the regulatory authorities, such as the Financial Conduct Authority in the UK. The trading value of a soccer club cr... read more

British Pound In Death Spiral, Investors Trust More Xi Than Trump

Now, Beijing has confirmed that it is optimistic that both countries should be able to iron out all the pending issues in ... other than the UK. TF Global Markets (UK) Limited is authorised and regula... read more

RBS is so worried about UK consumer debt that it is delaying launching a new low-interest credit card

LONDON — Royal Bank of Scotland (RBS) has delayed the launch of a new low-interest rate credit card, citing worries about ballooning consumer debts in the UK. RBS ... Just last week, the Financial Con... read more

Bank of England expects big Libor switch to start in earnest

Banks have been ... “Some of the issues that happened in the U.S. shouldn’t happen to us,” John said. Britain’s Financial Conduct Authority has effectively set an end 2021 deadline for migrating from ... read more

GAM Flows a Warning Sign for Asset Managers Over Culture

The extent of recent and planned Europe-wide and UK rule changes and the new culture ... more accountable for their actions from banks to most other financial institutions. Britain's Financial Conduct ... read more

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