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Vendors spy opportunity in demystifying and democratising – opening up markets and methods to new users

DLT may not be the silver bullet, but it's worth a shot Financial Services Bill: Time to Act Part Three of Five Mid-week, I have pleasure in penning day three’s reflections on the Financial Services Bill, currently making its way through the House of Lords. Today, I want to set out my hopes for the bill in relation to potential distributed ledger technology [DLT] use cases, digital instruments, the regime for open finance and the recommendations of Ron Kalifa’s FinTech Strategic Review. This afternoon I will be putting forward amendments covering these areas as well as ...

To embed, copy and paste the code into your website or blog: Recent regulatory developments of interest to all financial institutions, including updates from the UK, EU and the FSB. See also our sector specific updates in the Related Materials links. Contents Pension freedoms: Work and Pensions Committee call for evidence Fair treatment of vulnerable consumers: FCA FG21/1 MoU between FCA and EHRC UK CRD: PRA statement on definition of "higher paid material risk taker" Transforming data collection from UK financial sector: BoE plan End of Brexit transition period: EU publishes draft GDPR and ...

Risk.net Tech vendors played a key role as markets – and market participants – adjusted to Covid-19 Risk.net montage A year into the Covid-19 pandemic, it is clear that the technology sector has been one of the big beneficiaries of changing consumer and corporate behaviour. That doesn’t mean it’s been easy for tech providers to embrace the opportunity. As an example, take the surge in cloud usage driven by a newly minted army of home-workers: Microsoft saw usage of its Teams videoconferencing and collaboration application skyrocket, as well as its virtual desktop and Xbox Live gaming,...