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EBA says practice is an indispensable ‘backbone’ of global finance
Challengers to Big Four invited to discuss ways to boost competition within sector
The way complaints against lenders are resolved still needs to be overhauled
NCA to extend use of unexplained wealth orders and target lawyers and accountants
Economic recovery has been weak because of a massive growth in leverage
US group was allowing customers to buy on credit without authorisation from regulator
UK government releases its first set of papers sketching out its contingency plans
Plan to step up oversight of ‘equivalence’ rules that finance sector will rely on
Retirees more vulnerable to fraudsters pursuing accessible cash, warn watchdogs
FCA workload focuses on financial crime, governance and culture problems
FCA says it is open to ‘broad range’ of arrangements on booking risk and profit
Hub where lenders book assets viewed as vital to jobs, investment and tax revenues
Regulator admits customers will be ‘frustrated’ by decision as MPs call for rules reform
UK concedes Brussels’ ultimate control over financial services access to Europe
Worst types of transgressions have a habit of being repeated
Fear grows that investors could be taking on more risk than they realise
Watchdog raises concerns investors taking more risk than they realise
Regulator says move could boost savers by £300m a year in extra interest payments
UK life insurer’s caution takes shine off 56% rise in new business in first half of year
Crown court dismissed allegations of unlawful financial assistance in May
Financiers look to Germany, Belgium and Spain to help convince EU27 proposal will work
Regulators, competitors and clients have posed hard questions about firm’s strength
