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.
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.
2025-09-05T18:42:00Z By Adrianne Appel
The Department of Health and Human Services is stepping up its enforcement against hospitals and other health entities that block the sharing of electronic health records.
2025-09-04T18:49:00Z By Ruth Prickett
The EU has one, the U.K. is getting one, many U.S. states are working with Google and Apple to provide one, and now industry sectors are developing their own digital wallet.
2025-08-28T20:40:00Z By Aaron Nicodemus
The order barring three Mexican financial institutions from doing business with U.S. financial institutions has been delayed until October.
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