Proposed payout limit expected to be cut from £415,000 to £85,000 after industry lobbying
Could do better. C–
Chief executive of country’s biggest lender says competition in mortgage market trumps regulators’ concerns
$4.4tn industry has become latest target of Xi Jinping’s clampdown on finance
UK financial watchdog has own stringent rules around treatment of employees who reveal wrongdoing
Plus, updates on Mango Markets and FTX’s Ryan Salame
Tie-up between Couche-Tard and Japan’s Seven & i would create one of America’s largest retail chains
Forcing banks to refund £415,000 opens door to fresh scams, industry warns
UK financial regulator alleges MHA failed to properly prepare client asset reports
Industry lobby groups are seeking the lighter touch of the CFTC regulation rather than SEC oversight
Corporate watchdog says ASX made ‘misleading’ statements about its clearing and settlement system
Small caps, small consequences
Announcement by chancellor Rachel Reeves comes amid global drive to increase transparency of sector
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Market-maker Virtu calls for reforms to tackle micro-cap manoeuvrings
Department of Justice alleges Citron Research founder netted at least $16mn from ‘long-running market manipulation scheme’
Financial Conduct Authority proposes changes to document issuing for share sales in next phase of listings reforms
Asset manager says US regulators could enforce ownership caps, raising costs for index-tracking funds
Prediction markets have exploded, but regulators are hitting the brakes on politics betting
The products, based on Nvidia, Tesla and GLD, provide premium income, limit capital gain, but cushion losses
Latest authorisations follow January launches of first US spot bitcoin ETFs
FSB’s Klaas Knot warns global tensions and rising debt levels increase risk of new financial crisis
Advancing new red tape based on discredited idea would only harm investors and our capital markets
Problem affecting Swift network impacted high-value and time-sensitive transactions
Millions of India’s citizens have piled into shares and options, egged on by online ‘finfluencers’, but regulators are sounding the alarm