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Financial Reporting Council
UK accounting watchdog in talks to leave City of London
...The relocation to east London would leave just one major City regulator in the heart of the UK’s historic financial district: the Prudential Regulation Authority in the Bank of England....
March 11, 2024
UK financial regulation
FCA faces backlash over plan to ‘name and shame’ companies under investigation
...The move has caused anger in ministerial circles, fuelling fears that the Financial Conduct Authority’s approach to regulation is harming the City of London and driving business abroad....
April 21, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthInsider trading
Goldman insider-trading conviction shows UK watchdog sharpening its teeth
...The agency’s new enforcement heads are hoping it will send a message to the City of London that it is serious about the offence, according to Therese Chambers, joint executive director of enforcement and...
February 25, 2024
Clearing & Settlement
Decision on UK trade settlement times stymied by City divisions
...report found deep divisions within the City of London....
March 7, 2024
LexFinancial Conduct Authority UK
Naming and shaming banks is a regulatory insight too far Premium content
...Unsurprisingly, the City of London has kicked off at the prospect of being publicly shamed before innocence or guilt is established. City bleating is the norm for regulatory changes of any magnitude....
April 24, 2024
Letter
Letter: Local authorities must be empowered to buy houses
...In London in 1981, a third of homes were for social rent, which now accounts for just 17 per cent nationally. Authorities could only meet real need by substantial building or acquisition of housing....
April 3, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
City of London
Michael Gove pauses City of London plan to demolish old Museum of London
...A planning committee of the City of London Corporation on Wednesday voted to grant the local authority permission to knock down the 1970s museum and next door Bastion House tower on the edge of the Barbican...
April 17, 2024
Turkish politics
Turkish authorities yield to protesters over local election
...Turkish authorities have backed down in the face of big protests in the south-eastern city of Van, reinstating an opposition politician who was disqualified as co-mayor after he defeated the candidate of...
April 4, 2024
News updates from March 22: Dozens dead in Moscow attack; Princess of Wales undergoing cancer treatment
Russian authorities say dozens dead in attack on Moscow concert venue
...At least four men dressed in camouflage burst into the Crocus City Hall concert venue on the outskirts of Moscow, where a band called Picnic was due to perform, the Ria state news agency reported, citing...
March 22, 2024
UK financial regulation
FCA under pressure to abandon plans to name firms in UK deterrence drive
...The FCA has said the new approach is consistent, however, with other regulators including the UK Competition and Markets Authority and the Monetary Authority of Singapore, who do name companies under investigation...
April 22, 2024
Letter
Letter: Restricting mayors from setting speed limits is worrying trend
...National policies like these, based not on science but political expediency, harm the ability of local authorities to take decisions on improving the safety and health of their citizens....
April 25, 2024
News updates from February 15: White House discloses Russian ‘anti-satellite capability’, UK GDP contracts by more than expected
At least 5 killed in missile attack on Russian city of Belgorod
...At least five people including one child were killed and 18 injured in a rocket attack on the Russian city of Belgorod on Thursday, local authorities reported....
February 15, 2024
ReviewArts
Let the Kids Dance! podcast review — when a city banned teenage kicks
...The series reveals how the city authorities were alarmed by the underground music scene, part of which had found its spiritual home at The Monastery, an all-ages, after-hours dance club and LGBT+ haven in...
April 8, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Mexico asks UN to suspend Ecuador over embassy raid in Quito
...Mexico has filed a complaint at the International Court of Justice, the UN’s top court, asking the UN to suspend Ecuador pending a public apology....
April 11, 2024
Sexual misconduct allegations
MPs call for NDA ban in sexual harassment cases after probe of City culture
...Concerns over sexism in the City of London were highlighted last year when the Financial Times reported multiple allegations by women of sexual assault and harassment by hedge fund manager Crispin Odey....
March 8, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
Markets update: Hong Kong equities lead gains in Asia
...The city’s benchmark Hang Seng index rose 1.4 per cent during early trading, with the Hang Seng Tech index climbed 2.3 per cent....
April 23, 2024
Mexico
Thousands march against López Obrador’s institutional overhaul in Mexico
...On Sunday, crowds wearing pink — the colour of INE’s logo — and waving national flags marched through Mexico City and other cities to reject the president’s vision....
February 18, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Mexico refuses Texas migrant deportations after US court ruling
...Immigration is a top priority for many voters in the US presidential election, with authorities reporting a record number of encounters with people crossing the border illegally in the 2023 fiscal year....
March 19, 2024
India
India braced for heatwaves as nearly 1bn head for marathon summer elections
...Authorities are making preparations for the extreme heat, with Prime Minister Narendra Modi last week chairing a meeting of India’s National Disaster Management Authority....
April 20, 2024
News updates from February 19: Navalny’s widow calls on Russians to ‘share her fury’; Houthis claim attack on British ship
Thousands march against López Obrador’s institutional overhaul in Mexico
...On Sunday, crowds wearing pink — the colour of INE’s logo — and waving national flags marched through Mexico City and other cities to reject the president’s vision. Read more here....
February 18, 2024
The FT ViewThe editorial board
The painful reset in commercial real estate
...If authorities want to sustain the dynamism of their cities, they must become more agile. The CRE market is resetting....
February 15, 2024
News in-depthWar in Ukraine
Ukraine’s eastern cities brace as Russian troops advance
...The same is true of every other city and town in the region — more than 1mn people have fled since 2022, according to regional authorities....
April 16, 2024
Israel-Hamas war
Palestinian Authority runs low on funds as Israel withholds cash
...to work, choking off the flow of Palestinian citizens of Israel entering the West Bank to shop, and restricting movement between the territory’s cities....
February 14, 2024
Andy Street
Birmingham’s cuts are the price of political failure
...The largest local authority in Europe had in effect gone bust while the city around it was booming....
February 23, 2024
Evergrande Real Estate Group
Chinese authorities accuse Evergrande of inflating revenues by $80bn
...In January, Evergrande’s headquarters in the southern city of Guangzhou was surrounded by police and newly erected fencing....
March 18, 2024

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