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Treasury Committee

Ban NDAs in sexual harassment cases, MPs urge amid ‘shocking’ abuse in finance

Harriett Baldwin's team of MPs has delivered a stinging indictment of top financial services firms

Overwhelming majority of City professionals polled by FN say NDAs should not be used in instances of sexual assault

5 min read

Treasury rejects MPs’ motion to treat crypto as gambling

By Jeremy Chan

2023-07-20T11:48:09Z

2 min read

Crypto Treasury Committee Cryptocurrency Treasury

City minister Andrew Griffith said treating crypto as gambling would create a regulatory misalignment between the UK and other jurisdictions

FCA pledges to continue sexual harassment crackdown

By Kristen McGachey

2023-07-19T15:36:30Z

4 min read

Hedge Funds FCA Treasury Committee Regulation Crispin Odey

Treasury Committee chair Harriett Baldwin wrote to the FCA in June, asking it to clarify the 'nature and intensity' of its engagement with Odey Asset Management after sexual assault allegations against its eponymous founder (pictured)

Treat crypto like gambling, says Treasury Committee

By Alex Daniel

2023-05-16T23:01:51Z

2 min read

Crypto Fintech Bitcoin Treasury Committee Regulation Cryptocurrency Treasury

Chair Harriett Baldwin says she has heard nothing to dispel crypto's 'Wild West' reputation

The Fintech Files: Meet TP ICAP’s crypto bosses, why Amundi doesn’t believe the hype

By Alex Daniel

2023-02-28T12:34:22Z

5 min read

CBDC The Fintech Files Fintech Bank of England Bitcoin Fintech Files Treasury Committee Amundi Crypto TP Icap Cryptocurrency Point72

FN scores some time with the brains behind TP ICAP's crypto push

Bank of England: Digital pound ‘more likely than not’

By Alex Daniel

2023-02-28T11:48:16Z

3 min read

CBDC Fintech Bank of England Blockchain Stablecoins Treasury Committee Treasury

'I don’t think we’re behind any other advanced economies in where we are on this', top official tells lawmakers

New

Twenty Most Influential in Wealth Management 2024

Bilal Jafar

Crypto leaders say UK regulation has ‘lagged behind’ as FCA consults on rules

North of South Capital gets Dubai approval, London partner to lead new office

The big are getting bigger: Survival of the fittest among multi-strat hedge funds

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Check out FN's latest profiles

The Fintech Files: Crypto cops assemble, Spreadsheet Phil hits the slopes

By Alex Daniel

2023-01-10T13:17:17Z

4 min read

The Fintech Files Crypto Blockchain Fintech Files Treasury Committee Regulation Cryptocurrency

Despite growing pressure to stop crypto frauds, City minister Andrew Griffith says don't expect a full rulebook any time soon

City minister kicks UK crypto laws into 2024 regulatory schedule

By Alex Daniel

2023-01-10T12:30:40Z

4 min read

Crypto Financial Conduct Authority Blockchain Stablecoins Treasury Committee Cryptocurrency

Andrew Griffith's appearance before the Treasury Select Committee of MPs marks his first public grilling on crypto since he was appointed City minister in October

The Fintech Files: FTX fallout, MPs make Binance squirm, and crypto sector full of ‘f****** sociopaths’

By Alex Daniel

2022-11-15T14:51:29Z

6 min read

The Fintech Files Crypto Binance Bitcoin Blockchain Fintech Files Treasury Committee Cryptocurrency FTX

Zhao’s decision to very publicly sell off its holdings in FTX’s token, FTT, was among the first events in a chain that eventually finished with FTX’s insolvency

Binance policy head tells MPs: ‘We didn’t cause FTX crisis’

By Alex Daniel

2022-11-14T17:23:43Z

3 min read

Crypto Binance Blockchain Treasury Committee Cryptocurrency FTX

Trinder, far left, was just one of a number of senior crypto industry figures who were grilled by the Treasury committee over FTX's failure

Harriett Baldwin wins race to chair Treasury committee

By Justin Cash

2022-11-09T16:30:43Z

2 min read

Treasury Committee Regulation Politics

Mel Stride was made secretary of state for work and pensions on 25 October as Sunak ushered in a new top team in government

Search for new Treasury Committee head begins after Mel Stride’s promotion in Rishi Sunak reshuffle

Role of regulation to be examined as the UK marches towards becoming a ‘crypto hub’

Lawmakers step up crypto scrutiny with second inquiry

Another parliamentary inquiry signals growing interest in crypto from Westminster

Market watchers predict the respected Ashley Alder will put the FCA on the right track

New FCA chair appointment sets up ‘uncomfortable’ talks with CEO Rathi

Appointment of Ashley Alder brings true regulatory experience and is a sign of an FCA more focussed on international issues than ever

‘It is widely accepted that the transfer of rule-making powers to UK regulators should lead to enhanced scrutiny by the UK parliament, to monitor the exercise of those powers,’ the Treasury Committee said

MPs to up FCA oversight as regulators face Brexit pressure

As watchdogs take responsibility for EU rules, a new committee will monitor their progress

Filter by Topic

Hedge fund Caxton posts nearly 80% profit drop

Neil Woodford defiant over fund collapse: ‘I don’t think there’s anything I could have done’

Citigroup’s co-head of Iberia Revuelta to depart the US bank

Barclays plans bonus hikes of up to 20% for capital markets bankers

Fund CEOs predict private markets M&A boom will spill over into 2025

On the Move

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

Simpson Thacher hires Sidley Austin finance duo in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

MPs warn UK’s post-Brexit overhaul to regulation could hit financial stability

By Justin Cash

2022-06-15T23:01:20Z

5 min read

Prudential Regulation Authority FCA Brexit Treasury Committee Politics Regulation

In a landmark set of proposals released on 9 November, the FCA and PRA would be given greater licence to throw out old EU rules to forge a new future for the City

UK firms unsettled over post-Brexit powers for City watchdogs: ‘Regulators are going to end up with a huge amount of power’

2022-02-08T14:04:25Z

3 min read

Prudential Regulation Authority Financial Conduct Authority Treasury Committee Regulation

The government’s new proposal would see regulators such as the FCA and PRA take over determining ‘direct regulatory requirements’ that were previously set by the EU

Facebook and Google duck questions about earnings from scam ads

By James Booth

2021-10-29T10:46:00Z

2 min read

FCA fraud Treasury Committee Facebook

Google did not directly address how much it had earned through ads from unregulated firms

UK lawmakers probe Facebook over Instagram’s stock picking ‘finfluencers’

By Bérengère Sim

2021-09-22T15:24:00Z

3 min read

Coronavirus Treasury Committee Amazon Facebook

Facebook's content policy director Allison Lucas giving evidence to the Treasury Comittee

FCA defends hiring process following collapse of mini bond firm LCF

By Bérengère Sim

2021-09-13T16:16:30Z

4 min read

FCA Treasury Committee Regulation

LCF went into administration in January 2019 after the FCA asked it to withdraw its “misleading, not fair and unclear” promotion for its retail investment products

Treasury Committee

Ban NDAs in sexual harassment cases, MPs urge amid ‘shocking’ abuse in finance

Treasury rejects MPs’ motion to treat crypto as gambling

FCA pledges to continue sexual harassment crackdown

Treat crypto like gambling, says Treasury Committee

The Fintech Files: Meet TP ICAP’s crypto bosses, why Amundi doesn’t believe the hype

Bank of England: Digital pound ‘more likely than not’

Bilal Jafar

Crypto leaders say UK regulation has ‘lagged behind’ as FCA consults on rules

North of South Capital gets Dubai approval, London partner to lead new office

The big are getting bigger: Survival of the fittest among multi-strat hedge funds

The Fintech Files: Crypto cops assemble, Spreadsheet Phil hits the slopes

City minister kicks UK crypto laws into 2024 regulatory schedule

The Fintech Files: FTX fallout, MPs make Binance squirm, and crypto sector full of ‘f****** sociopaths’

Binance policy head tells MPs: ‘We didn’t cause FTX crisis’

Harriett Baldwin wins race to chair Treasury committee

Search for new Treasury Committee head begins after Mel Stride’s promotion in Rishi Sunak reshuffle

Lawmakers step up crypto scrutiny with second inquiry

New FCA chair appointment sets up ‘uncomfortable’ talks with CEO Rathi

MPs to up FCA oversight as regulators face Brexit pressure

Most Read

Hedge fund Caxton posts nearly 80% profit drop

Neil Woodford defiant over fund collapse: ‘I don’t think there’s anything I could have done’

Citigroup’s co-head of Iberia Revuelta to depart the US bank

Barclays plans bonus hikes of up to 20% for capital markets bankers

Fund CEOs predict private markets M&A boom will spill over into 2025

On the Move

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

Simpson Thacher hires Sidley Austin finance duo in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

MPs warn UK’s post-Brexit overhaul to regulation could hit financial stability

UK firms unsettled over post-Brexit powers for City watchdogs: ‘Regulators are going to end up with a huge amount of power’

Facebook and Google duck questions about earnings from scam ads

UK lawmakers probe Facebook over Instagram’s stock picking ‘finfluencers’

FCA defends hiring process following collapse of mini bond firm LCF

FN Law

Simpson Thacher hires Sidley Austin finance duo in London

Paul Weiss, Kirkland and A&O Shearman: FN’s top legal stories of 2024

Clifford Chance appoints Odimba-Chapman as London head