The Scottish National Party (SNP) is currently engulfed in a substantial financial scandal that has captured the nation's attention. Allegations have arisen that the party made significant payments amounting to hundreds of thousands of pounds to a non-existent company. These serious claims have
The Financial Conduct Authority (FCA) has announced a comprehensive overhaul of its regulatory framework. This sweeping initiative, which is driven by the introduction of the Consumer Duty, aims to simplify and streamline rules, reduce compliance burdens on businesses, and boost the UK's global
The Digital Operational Resilience Act (DORA) is poised to significantly transform the landscape of the financial services sector within the European Union (EU) by January 2025. This regulation aims to enhance the operational resilience of financial institutions against the backdrop of escalating
The rapid advancement of artificial intelligence (AI) has started to redefine the landscape of the financial services sector. Financial regulators are now facing a dual challenge: harnessing the benefits of AI while mitigating its risks. Given the transformative potential of AI in areas such as
The symbiotic relationship between our personal finance and the broader economic and environmental changes is becoming ever more apparent as we grapple with global dynamics. From the punitive pitfalls of mismanaged tax declarations to the necessity of heat mitigation in urban homes; from the
In a world where financial health is integral to societal stability, the practice of banking regulation and the political machinations that influence it are as critical as they are complex. Finance and economics expert Anat R. Admati, through her scholarly work and public commentary, has pierced
