The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations.
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Together with Ofgem, Ofwat and Ofcom, we've set out our expectations for firms across markets, as many consumers feel the strain from cost of living pressures. We’ve joined forces with other regulators to call on firms to improve debt collection practices. This is especially important as many consumers continue to feel the strain from cost […]
The Financial Conduct Authority (FCA) has today committed to investigate the use of personal guarantees by lenders to support loans to certain small businesses. The steps come in response to a super complaint from the Federation of Small Businesses (FSB). The FSB has raised concerns that a growing demand for personal guarantees by lenders has […]
The Financial Conduct Authority (FCA) has today committed to carrying out enforcement cases more quickly as the organisation seeks to increase the deterrent impact of its enforcement actions. In the future the FCA will focus on a streamlined portfolio of cases, aligned to its strategic priorities where it can deliver the greatest impact. The FCA […]
Speech by Therese Chambers, joint executive director of enforcement and market oversight, delivered at The Market Abuse and Market Manipulation Summit. Speaker: Therese Chambers, joint executive director of enforcement and market oversight Event: City and Financial Global - The Market Abuse and Market Manipulation Summit Delivered: 27 February 2024 Note: this is the speech as […]
FCA issues final message before the end-March 2024 deadline and a reminder of the expected cessation of US dollar synthetic LIBOR at end-September 2024. It is now 1 month until the 3-month synthetic sterling LIBOR setting ceases permanently on 28 March 2024. This is the last remaining synthetic sterling LIBOR setting, and its end marks […]