Source: FCA

The FCA has fined Metro Bank PLC £10,002,300 for breaching the Listing Rules by publishing incorrect information to investors.

Source: McKinsey

As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs, expanded network coverage, and a young, fast-growing, and rapidly urbanizing population.

The Cambridge Centre for Alternative Finance (CCAF) has launched a new digital hub designed to bring together regulators from across the globe, to collaborate and enhance their efforts to evolve financial services regulation.

Source: LexisNexis Risk Solutions

Data and analytics firm, LexisNexis Risk Solutions, has been selected to provide Hodge with a full end-to-end solution for customer onboarding and ongoing monitoring, incorporating AML screening, transaction monitoring and case management, all within a single platform.

Source: Iosco

The Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) today published an assessment showing reasonably high adoption of their Cyber Guidance by FMIs.

The collapse of FTX, and the fact that its failures were more organisational than technological, highlights the importance of properly regulating the crypto sector, says Bank of England deputy governor Jon Cunliffe.

Source: Consensys

This afternoon at COP27, the world’s largest gathering on climate action, a group of Web3 companies convened by ConsenSys and Allinfra, joined civil society leaders and the UNFCCC Climate Innovation Hub, to announce the creation of the Ethereum Climate Platform (ECP).