UK regulators

2021.12.20

08:24

UK Prudential Regulation Authority fines Standard Chartered Bank £46.55 million

Asian Tech Press (Dec 20) -- The Prudential Regulation Authority (PRA) has fined Standard Chartered 46.55 million pounds ($615.1 billion) for "failing to be open and cooperative with the PRA and for deficiencies in regulatory reporting on governance and controls relating to specific PRA liquidity expectations," according to Reuters and Bloomberg.

2021.11.29

08:23

UK regulators to block Meta's acquisition of GIF platform Giphy

Asian Tech Press (Nov 29) -- The UK competition regulator is expected to block Meta's acquisition of the online GIF platform Giphy within the next few days, according to media reports.

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