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UK cyberattacks led to record insurance payouts in 2024
UK government and insurers urge businesses not to ignore cyber risks, as major retailers try to recover from a string of costly cyber attacks this year.
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European Commission publishes Financial Literacy Strategy
The Commission said enhancing financial literacy will empower EU citizens and channel retail savings to investments.
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How a Pennsylvania businessman built a $770m retail Ponzi scheme
Daryl Heller promised investors steady income from a nationwide ATM network – what they got instead was a carefully staged illusion.
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FCA work in review: September 1-11, 2025
Our regular roundup of developments at the UK’s financial watchdog.
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FCA work in review: July 25-August 1, 2025
Our regular roundup of FCA activity.
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Proposal considers giving retail investors access to private market investments
The Monetary Authority of Singapore is seeking feedback on suitable investment types and appropriate regulatory requirements for consumers.
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UK retailers face steeper cyber insurance cover after recent attacks
The UK high street retailer has now admitted that some customer data was stolen as a result of recent cyber attacks.
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New UK regulation seeks ban on consumers’ borrowing to buy crypto
The proposals are part of the UK’s plan to bring all crypto assets under a standard regulatory framework.