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Report: Santander UK to exit LSB following regulatory duplication concerns

Santander UK is reportedly cancelling its Lending Standards Board (LSB) membership because of the duplication of regulatory standards.According to Sky News, the Spanish-owned bank...

UK digital securities sandbox called on by regulators for feedback from...

Having launched the country’s first digital securities sandbox (DSS) for the first time at the beginning of this year, UK regulators are now beginning...

FCA warns UK fintech influencers to stay within legal lanes

UK fintechs must keep their social media marketing, particularly regarding the use of influencers, in line with Financial Conduct Authority (FCA) guidelines. The UK’s financial...

Griffin commits to sustainability amid full-fledged launch

Griffin, the full-stack Banking as a Service (BaaS) platform, has received approval from the UK’s financial services regulators to launch as a fully operational...

Enfuce secures FCA licence and bolsters leadership for expansion

Enfuce has secured an Electronic Money Institution (EMI) licence from the UK’s Financial Conduct Authority (FCA) and strengthened its leadership team. The Finnish-founded company has...

UK Treasury Secretary gives six month window for crypto-related regulations

Bim Afolami, Economic Secretary to the UK Treasury, has revealed that the UK government is “pushing very hard” to introduce formalised regulations surrounding cryptocurrency.  The...

Questions arise over UK’s stablecoin regulation proposals

Leaders in the UK’s crypto and digital asset sector have raised some proposals regarding the Bank of England (BoE) and the Financial Conduct Authority’s...

FCA access to cash should “return life to UK’s cash deserts”

Last December, the UK’s Financial Conduct Authority (FCA) access to cash consultation outlined plans to alleviate consumer fears that those relying on cash would...

50% of British adults have used BNPL as regulation pressures linger

Buy Now, Pay Later (BNPL) has become one of the fastest-growing payment methods of the last several years, particularly in the UK.  According to new...

Binance’s attempts to re-enter UK hit a roadblock

The world’s largest cryptocurrency exchange Binance is experiencing troubles re-entering the UK market due to local partners' reluctance to work with the company.  According to...

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