- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2024-04-24T15:05:00
The U.K. Financial Conduct Authority (FCA) reemphasized its desire to work with Big Tech firms to examine how their data might be useful to the financial industry.
The initiative, discussed in a speech delivered by FCA Chief Executive Nikhil Rathi on Monday, follows a call for input the agency published in November seeking information on whether data asymmetry between Big Tech and finance could influence how effectively competition evolves in financial services markets.
Rathi said respondents to the call did not identify immediate harms from data asymmetry but noted more access to data from Big Tech could have significant value.
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2024-07-30T19:11:00Z By Aaron Nicodemus
The U.K. Financial Conduct Authority is asking for input on which of its existing rules for financial services overlap with the year-old consumer duty rule, with an eye toward streamlining and simplifying both rule packages.
2024-07-18T20:39:00Z By Aaron Nicodemus
The U.K.’s Financial Conduct Authority asked banks and financial institutions “to do more” to ensure that U.K lawmakers and their families are not treated unfairly.
2024-07-17T17:53:00Z By Ruth Prickett
The U.K. Financial Conduct Authority is revamping the London Stock Exchange rules, but more changes may be needed to achieve growth and attract initial public offers, experts said.
2025-04-24T18:07:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau (CFPB) has quickly become one of the most active agencies advancing the Trump administration’s pullback on prosecuting corporations, as it dropped yet another consumer protection lawsuit against a financial services company Wednesday.
2025-04-21T12:00:00Z By Neil Hodge
The United Kingdom’s latest effort to encourage regulators to pare down rules to attract companies and investment as a way to stimulate the economy has received mixed reviews from lawyers.
2025-04-18T14:01:00Z By Aaron Nicodemus
A federal judge has ruled that Google “willfully engaged in a series of anticompetitive acts” in the advertising technology industry, the latest antitrust setback in what could become a string of losses for tech companies.
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