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Latest Results from /regulation

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EBA warns of money laundering risk in fintech sector

The ongoing digitalisation of financial services has increased the risk of money laundering (ML) and terrorist financing (TF), according to the European Banking Authority (EBA).

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Hong Kong to issue first stablecoin licences in early 2026

Hong Kong's financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.

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FCA seeks improvement to digital loan processes

The UK's Financial Conduct Authority has called for improvements in digital loans processes to help people better understand what they're signing up for.

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Klarna scores EMI licence in the UK

Buy now, pay later giant Klarna has scored an Electronic Money Institution licence from the UK's Financial Conduct Authority, paving the way for a full-frontal assault on the retail banking market.

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CFIT appoints Anna Wallace as CEO

Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT), has appointed the FCA's former head of innovation Anna Wallace as CEO.

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Bailey and Reeves clash over Revolut banking licence - FT

The Bank of England governor has reportedly clashed with chancellor Rachel Reeves over efforts to accelerate Revolut's authorisation as a fully-licenced bank.

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Citizens delivers open finance payment features and direct deposit tools

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

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Europe must provide more support for stablecoins or face subservience to the US dollar

Jürgen Schaaf, an economist and advisor to the European Central Bank's Market Infrastructure and Payments division, says more support should be provided for properly regulated euro-denominated stablecoins to ward off the threat posed by US dollar-backed tokens.

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Australians embrace digital banking as digital wallet use surges

Australian consumers are adopting digital banking services in increasing numbers with 99.3% of transactions taking place over digital channels, including A$160bn in payments made via mobile wallets.

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FS firms turn to agentic AI for compliance operations

The majority of global financial institutions are actively implementing agentic AI in order to improve their compliance operations, according to research from Fenergo.

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UK competition authority takes on Apple over digital wallets

The UK's Competition and Markets Authority (CMA) says it will take action to ensure Apple opens up restrictions on fintechs offering their own digital wallets on iPhones.

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Nasdaq Verafin unveils agentic AI AML workers

Nasdaq's anti-financial crime unit Verafin has launched a suite of agentic AI digital workers built to help banks with anti-money laundering compliance by automating low-value, high-volume processes.