Rapid digitalization and technological innovation have offered a wealth of advantages to financial industry practices by redefining business operations. Though, consequently, the threat to cybersecurity is as present as ever. How have regulators begun to maneuver this pressing matter? And will it be a trend to watch in the coming year?
The FCA touched on several points recapping its progress over the past couple of years and outlines goals to ignite long-term growth through an adapted regulatory approach. This “growth mindset” comes after industry response that it desires enhanced effectiveness and efficiency concerning regulatory measures.
Pull up your ringside seat and re-live the rumble with our blow-by-blow breakdown of Regulatory Wrestling – The Compliant Culture Smackdown.
The U.K.’s Competition and Markets Authority has published provisional findings that 5 major banks engaged in anti-competitive behavior through business communications. Global Relay’s Director of Regulatory Intelligence, Rob Mason, unpicks the findings.