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banking system

UK Watchdog Relinquishes Control Over Open Banking

The UK's Competition and Markets Authority has relinquished control over its open banking unit following a bullying scandal. The Financial Conduct Authority and Payments Systems Regulator will...
NortonLifeLock

UK Watchdog Further Probes NortonLifeLock’s Avast Purchase

British competition regulator CMA said Friday that it has referred NortonLifeLock Inc.'s proposed acquisition of Avast for further investigation over competition concerns. The Competition and Markets...
Apple

Apple Acquires UK’s Credit Kudos

Apple has bought the U.K. open banking startup Credit Kudos in a transaction estimated at $150 million a report said Wednesday March 23. Credit Kudos’...
Barclays

UK Antitrust Watchdog Orders Barclays To Correct Breaches

The United Kingdom’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate, comprehensive and timely information on its...
NortonLifeLock

UK Watchdog Concerned Over NortonLifeLock’s $8B Avast Deal

The UK competition regulator has raised concerns that an $8bn merger between the US’s NortonLifeLock and the London-listed Avast cyber security companies could reduce...
Sony

UK’s Watchdog Clears Sony’s AWAL Buy

The UK's CMA has cleared Sony’s acquisition of AWAL, an ‘artist and label’ services provider, following an in-depth merger inquiry. The Competition and Markets Authority...
CMA

UK Regulator Probes Anti-Competitive Practices In Car Recycling

UK's competition watchdog on Tuesday launched an investigation into suspected anti-competitive conduct involving a number of unnamed vehicle manufacturers and some industry bodies for...
crypto

UK Watchdog Calls For Stricter Crypto Rules

The UK’s National Crime Agency (NCA) has called for more regulation on cryptocurrency protocols that let digital asset traders mask their transactions, according to...
Google-Facebook

CMA Probes Google & Facebook Over Ad Tech

The UK's CMA is taking a closer look at Google and Meta’s conduct over concerns that they hampered competition in markets for online display...
UK

UK Competition Watchdog Calls For Changes In Foster Care

The UK’s competition regulator has called for local authorities to consider taking foster care in-house and for more state intervention in children’s homes, after...
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