Regulation
10 articles
Rathbones blunder prompts FCA review into client cash handling
Rathbones, a prominent UK wealth manager, faces a £60 million hit and the end of a lucrative practice: retaining interest on client cash.
UK ministers demand YouTube and Meta boost news funding
Last week, UK Culture Secretary Nadine Dorries met with executives from Google and Meta, laying the groundwork for a potential mandatory code that could force tech giants to pay for news content, mirr
UK Government Rejects Thames Water Rescue Deal Amid Financial Woes
Thames Water, which supplies 15 million people, faces running out of money by October 2026.
US regulators propose easing capital rules for banks
In July 2023, federal regulators proposed changes to bank capital rules.
Nevada regulators struggle with gambling oversight
Nevada regulators are seeking to hold prediction market Kalshi in contempt of court for defying a judicial order, escalating a battle over the future of online betting.
Germany secures Deutsche Börse EU supervision exemption
Germany has secured an exemption for its financial giant Deutsche Börse, allowing it to avoid mandatory supervision by the European Securities and Markets Authority (ESMA) despite the EU's push for un
California Climate Mandates Force Strategy Overhauls by 2026
In California, companies generating over $1 billion in annual revenue will begin submitting mandatory reports for their Scope 1 and Scope 2 emissions by 2026, marking a new era of climate disclosure.
UK regulator probes PwC's audit of WH Smith over earnings
Britain's accounting regulator has launched a formal investigation into PwC's audit of WH Smith for the year the retailer disclosed inflated earnings in its North American business.
SEC Proposes New Rules to Ease Public Company Reporting Burdens
Nearly 80% of all public companies could soon face significantly lighter reporting requirements, thanks to new SEC proposals to overhaul filer categories and disclosure rules.
UK law firm reprimanded for AI creating fake legislation
A junior solicitor at UK law firm Pinsent Masons submitted legal arguments to London's High Court that included "imaginary statutory wording" and non-existent insolvency legislation, all generated by