Craig Donaldson and David Arden mount legal challenge over fines meted out by Financial Conduct Authority
Regulated funds are the natural bridge to allow individuals greater access
Oversight board claims vindication after imposing steeper fines and tougher audit standards
Increase in protection designed to give confidence to UK depositors and to account for inflation
Italian bank has raised concerns that billionaires’ actions could hand them control of three big financial institutions
Penalty for Mike Novogratz’s group comes as SEC scales back investigations into biggest names in digital assets market
The chancellor’s plan to revolutionise retail investment needs young investors
Higher requirements designed to discourage sector from holding digital assets
Asset managers given green light to launch 2x leveraged and inverse products
Research found volatility is particularly marked at times of market stress
Asset manager actively testing token as the Trump administration prepares to overhaul crypto oversight
High Court rules investors including passive funds which had not read bank statements can still sue
FCA seeks to encourage more investment in shares and bonds as part of its strategy for next five years
Big Four firm admits it failed to recognise risks posed by bank’s loans to steel magnate’s wider business empire
Also in this newsletter: Should all EU households be told to prepare for war?
New issuance has been suspended, potentially hitting underlying mechanism
Rather than cosmetic mergers, a central unit should insist on slimmed down, effective bodies — we’ve done it before
Financial supervisors issue unusual warning as EU prepares to simplify regulation
Financial regulator also aims to increase trust in markets by clamping down on fraud
Also in this week’s newsletter, financial sector fines fall to decade low
World’s largest metal exchange hit with £9.2mn penalty for failing to ensure orderly trading
Complicated regulations have burdened businesses and deterred investment for too long
Acting regulator chair says it will review submissions to use Vanguard-pioneered structure
Financial services commissioner says Europeans need better incentives to invest rather than save
Euronext’s plan to consolidate ETF trading on to one of its seven bourses would cut costs, senior executive says