It has been billed as the biggest shake up of bank overdrafts in a generation as the FCA takes aim at what it calls a ‘dysfunctional overdraft market’. So how will these changes affect banks and customers?
The financial sector is quick to acknowledge the threat of climate change, but not enough is being done about it. That’s a shame because, aside from anything else, this could be an enormous opportunity.
Climate change presents a risk not just to the planet, but also to the financial sector. That’s the main message from a report into how finance can become more sustainable. The need to act now seems to be a given, the question now is how.
The FCA has announced the fifth round of its regulatory sandbox which includes three blockchain start-ups. It’s the latest effort in their attempt to assess the value and the risks of new technologies.
Directors are feeling the heat as the number of them being investigated by the city watchdog doubles in just two years. It’s a clear signal from the regulator that if directors fail to take action on issues such as diversity, harassment, culture and governance, their jobs could be at risk.