Other News

Chinese regulators torpedo Ant Group listing

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The Shanghai Stock Exchange (SSE) has intervened to halt the public sale of shares in Ant Group, China’s financial technology giant, due to take place later this week. The share […]

China tech magnate slams global banking rules

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Jack Ma, the co-founder and chairman of Chinese technology giant Alibaba, has attacked the Basel regulatory framework for the global banking system, calling it a hindrance to development. The Basel […]

UK regulator follows up anti-crypto threat

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A year after it threatened to ban the sale to retail clients of contracts based on bitcoin and other cryptoassets, the UK’s financial markets regulator has put its words into […]

Financial data-sharing leaps ahead in the UK

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Open banking—which allows consumers to link savings, budgeting and faster payments apps with their bank accounts—is leaping ahead in the UK. But consumer protection standards may need to jump to […]

No-refund complaints soar with Covid

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When the UK imposed its first coronavirus lockdown on 16 March, some consumers found they couldn’t get their money back for services they had paid for but were no longer […]

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