LONDON Streamlining anti-money laundering checks, longer central bank opening hours and linking national systems would cut cross-border payment costs, global regulators said on Monday.
LONDON Britain's financial sector is proposing the repackaging of some 35 billion pounds ($44 billion) of state-backed coronavirus corporate relief loans to ensure taxpayers do not foot the bill.
LONDON Deloitte should be fined a record 15 million pounds ($19 million) for "serious and serial failings" in its audit of technology company Autonomy, a lawyer for Britain's accounting watchdog told an independent tribunal on Thursday.
LONDON The London Stock Exchange and other derivatives clearing houses in Britain will be granted temporary access to the European Union from January 2021, the bloc's executive European Commission said on Thursday.
LONDON Global financial regulators set out recommendations on Thursday for coordinating and speeding up preparations to scrap Libor, an interest rate benchmark banks were fined billions of dollars for trying to rig.
LONDON Workers in the City of London need to have greater confidence that travelling on the capital's public transport system is safe before they will return to their offices amid "mixed messages" from officials, financial industry representatives said.
LONDON Funds that offer daily redemptions to investors may have to restructure to better reflect the time it takes to sell illiquid assets like property, Britain's Financial Conduct Authority said on Wednesday.