08/04/2025
The firm was required to return customer funds after its license was rejected, but MAS later found signs of asset shortfalls and possible failure to segregate client assets
07/30/2025
As the regulatory regime comes into effect, market participants are advised to observe the Stablecoins Ordinance and the relevant guidelines.
07/29/2025
The Bank of England governor has reportedly clashed with chancellor Rachel Reeves over efforts to accelerate Revolut's authorisation as a fully-licenced bank.
07/29/2025
Between 2018 and 2019, Arbitrade “issued announcements falsely claiming it had received title to gold bullion”
07/29/2025
The partnership will enhance SME account opening and KYC procedures with improved accuracy, speed, and security.
07/25/2025
The loss of cryptographic keys is a primary risk for banking organizations safekeeping crypto-assets
07/24/2025
‘Jupiter Entity Modeling’ delivers risk insights tied to specific investment vehicles such as securities, funds, and corporates.
07/23/2025
The BMA’s 2025 Business Plan signalled future policies concerning the risk-managed use of AI by its registrants.
07/23/2025
To ensure accountability, the BMA is proposing oversight powers that include the ability to suspend or revoke licences
07/22/2025
The acquisition is expected to close in Q4 2025, subject to regulatory approvals. SS&C expects the acquisition to be accretive within 12 months and plans to fund the purchase with a combination of debt and cash on hand.
07/18/2025
Open Finance presents opportunities to enhance competition, stimulate innovation and improve inclusion by helping providers to offer more tailored products and services to better serve the diverse needs of consumers
07/18/2025
The fund launches with initial commitments of US$40 million
07/18/2025
This regulation is the first major national cryptocurrency legislation to be passed by US lawmakers, setting up a regulation for this type of cryptocurrency that is percieved as reliable, or stable.
07/16/2025
Pathfinder helps financial institutions share AI use cases and access targeted training, with 20 firms already onboarded.
07/16/2025
The launch will initially provide direct access to crypto futures listed on the CME through an integrated Kraken Pro trading experience.
07/16/2025
Thirteen individuals, aged between 23 and 53, were apprehended in the Romanian counties of Ilfov, Giurgiu, and Calarasi by the Economic Crimes Investigation Directorate.
07/14/2025
Several services are listed as likely to become liable to VAT collections once enforcement is in effect.
07/14/2025
People familiar with the matter said that the gang manipulated the bank's card management system, created unauthorized virtual cards and linked them to mobile wallets.
07/11/2025
The governor explained that the absence of such a system has created challenges in implementing various financial initiatives, including the recently launched Credit Bureau and government payment systems.
07/10/2025
The license also enables Finmo to issue IBANs, hold safeguarded client funds locally, and integrate directly with UK clearing systems such as Faster Payments and Clearing House Automated Payment System.