News: Regulation
March 31, 2025 / Digital, Regulation
Finextra: Monzo develops backup bank to cover outages
Monzo Bank has developed a backup bank to cover outages.
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March 13, 2025 / Digital, Regulation
Finextra: UK Government confirms plans to scrap Payment Systems Regulator
The UK Government has confirmed plans to abolish the Payment Systems Regulator.
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TechRepublic: UK Announces ‘World-First’ Cyber Code of Practice for Companies Developing AI
UK Announces ‘World-First’ Cyber Code of Practice for Companies Developing AI.
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January 20, 2025 / Regulation
Bank of England: The PRA announces a delay to the implementation of Basel 3.1
The PRA, in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in the UK by one year until 1 January 2027.
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January 20, 2025 / Digital, Regulation
Computer Weekly: Almost half of UK banks set to miss DORA deadline
According to a recent survey, 43% of British financial services organisations say they are still exploring DORA.
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Finextra: Bank of England to launch Digital Pound Lab
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
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January 15, 2025 / ESG, Regulation
Finextra: EBA publishes final guidelines on ESG risk management
The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.
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January 4, 2025 / Cybersecurity, Regulation
The Banker: OCC urges tighter third-party oversight on op risk
US banks still need to make significant strides to mitigate operational risk and cyber threats, according to the Office of the Comptroller of the Currency.
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Cybersecurity Dive: Majority of global CISOs want to split roles as regulatory burdens grow
More than 4 in 5 CISOs believe their role needs to be split into two separate positions.
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September 27, 2024 / Artificial Intelligence, Regulation
Finextra: Bank of England to form AI consortium
The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.
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