-
CMA head says regulator will interfere in fewer global deals in the future
UK regulators are under increasing pressure from the government to cut red tape and prioritise economic growth.
-
EU sticks to AI Act provisions banning ‘unacceptable risk’ from technology, despite US pressure
US President Donald Trump has warned of retributions if the EU imposes the law.
-
No trade-off between financial stability and economic growth, BoE governor tells MPs
Andrew Bailey backs drive for growth but says moves already being made to ease regulatory burden.
-
FCA chief asks politicians to define ‘acceptable level of harm to consumers’
Remarks come as the government continues to militate for regulators to take a more pro-growth approach to regulation.
-
Regulating for growth – FCA to start relaxing mortgage rules
The new proposals are part of the FCA’s response to the government’s growth agenda.
-
Climate change could trigger panic in financial markets, FSB report warns
The report comes as the world breached 1.5C of warming above preindustrial levels for the first time.
-
GRIP Extra: DoJ settles with American Express, Supreme Court upholds TikTok ban
Other news includes a host of CFPB settlements, an OCC fine against former Wells Fargo execs, and a massive fine against Toyota for emission reporting deception.
-
GRIP Extra: Chinese hackers breach US Treasury, House votes to sanction ICC
Other news includes an expected UBS fine in the hundreds of millions, a CFPB rule excluding medical debt from credit reports, and key US agency departures.