The UK Government Is No Longer the Leading NatWest Shareholder LeapRate

March 25, 2024 BY Simon Mugo

The UK Government Is No Longer the Leading NatWest Shareholder

For years, the fate of NatWest has been closely intertwined with governmental strategies aimed at stabilising the UK's financial system during tumultuous times. The recent announcement by the finance ministry highlights a deliberate and ongoing effort to transition the bank back into full private ownership. This process has been meticulously managed by gradually selling the…

November 13, 2023 BY Elizabeth Anderson

Markets wary after UK cabinet reshuffles and upcoming US data

The US Dollar Index, having closed the previous week on a positive note, remained stable just below 106.00, while major currency pairs experienced fluctuations within familiar ranges. The UK's Office for National Statistics is set to release the jobs report early on Tuesday, along with third-quarter Gross Domestic Product (GDP) growth data from the Euro…

September 26, 2014 BY Andrew Saks-McLeod

Guest Editorial: Osbornonmics and the great myth of the UK 'recovery'

Top FX senior executive Paul Orford dissects and examines the rationale behind UK Chancellor George Osborne's claim that the UK is on the road to recovery

September 17, 2014 BY Andrew Saks-McLeod

Legacy of Operation Tabernula: UK law enforcers shift away from insider trading and onto FX manipulation

The ongoing international probe into alleged FX benchmark manipulation is drawing heavily on the resources of regulators and lawmakers. Has the FCA turned a blind eye to insider trading as a result?

August 28, 2014 BY Andrew Saks-McLeod

CFTC OKs deposit of customer funds with UK Depositories

Consumer protection is a matter at the forefront of priorities for US regulatory authorities to the point of ensuring other jurisdictions meet stringent criteria when handling client deposits.

August 25, 2014 BY Andrew Saks-McLeod

FCA accepted settlements for 97% of cases between 2010 and 2013

The British stiff upper lip has prevailed in cases brought by the FCA during a three year period. In total contrast to the US authorities' penchant for court cases and restitution payments, most UK firms have settled in advance of decisions rather than contest the FCA

July 04, 2014 BY Andrew Saks-McLeod

Barclays Chairman Sir David Walker warns against Forex industry over-regulation

Barclays Chairman has established a compliance academy in conjunction with Cambridge University, believing that internal procedure and corporate responsibility is a better approach to good conduct within major FX dealers as opposed to draconian regulation.

Tag: uk government