The UK government has announced plans to reform legislation governing the use of Scottish limited partnerships in a bid to stamp out their use as money-laundering vehicles.

A fine served on an online broker shows that financial firms should not rely solely on group-wide controls and surveillance systems to pick up on suspicious transactions, an expert has said.

The vast majority of financial firms are providing suitable advice to clients on pensions and investments, but concerns around disclosure remain, the regulator has said.

More Financial Conduct Authority (FCA) investigations into potential wrongdoing by firms and individuals will not necessarily lead to more enforcement action, the regulator has said.

The Financial Conduct Authority (FCA) has outlined the changes to be made to its rules and guidance in respect of disclosure requirements for PRIIPs, ahead of new EU regulation...

The UK's Financial Conduct Authority (FCA) has "serious concerns" over the way in which 'contracts for difference' (CFDs) are being promoted and sold to unsophisticated investors...

The Royal Bank of Scotland (RBS) has defeated claims brought by a customer that wished to exit from an interest rate swap contract referenced ...

The next UK government must support and engage with the manufacturing industry to help boost the country's economic and social well-being, industry leaders have said.

Legislation intended to strengthen the role of neighbourhood planning, restrict the use of pre-commencement conditions and to clarify compensation for compulsory purchase has been passed...

Financial technology, or fintech, banks should think more seriously about the risk of using cloud computing when applying for banking licences, the European Central Bank (ECB) has said.

Initial coin offerings (ICOs) do not pose a current risk to financial stability, Mark Carney has said in a letter to senior officials at the world's biggest economies.

In the first edition of our regular update for the banking industry we look at topics including ECB concerns around the use of the cloud by fintech institutions, cyber incident reporting and regulatory co-operation post-Brexit.

The use of arbitration is growing in China, both in terms of the number of cases and the value of the claims involved.

Singapore wants e-commerce companies to expand and the digital economy across South East Asia to grow, the government's minister for trade and industry has said as it looks to take over...

Banks have been urged to measure the cost of "data quality lapses" after a survey found that most of the institutions are unprepared for dealing with inaccurate, corrupted or falsified data.

A new consolidated payments infrastructure for the UK is set to come into existence, with the Competition and Markets Authority (CMA) due to approve the plans later this month.

Changes to payment services laws came into effect in the UK on Saturday despite many banks still not having new technical solutions in place to act on the reforms

The FCA has announced that under regulations which came into force on 18 January 2018, the Office for Professional Body Anti Money Laundering Supervision (OPBAS) has begun its work.

More than one million workplace premises nation-wide are thought to contain some form of asbestos. The Control of Asbestos at Work Regulations 2002 will finally come into force in May this year in an attempt to tackle the problem. But despite businesses having had a lead in time for compliance a recent survey by Zurich Risk Services revealed that two-thirds of British businesses were unprepared for the new regulations and only 54 per cent were aware of them. Although these figures are likely to