Digital euro expected to face full EU assembly vote, but likely to pass
July 06, 2026
| Helena Freitas, Fanny Roux
The European Parliament’s digital euro position is set to face a full assembly vote on Thursday, as the far-right Patriots for Europe group is expected to challenge the committee’s mandate to start talks with ... (more story)
UK watchdogs should assess AI powers gap, financial regulator told in review
July 06, 2026
| Patricia Figueiredo
UK watchdogs should consider whether they need greater powers to oversee AI when increasingly autonomous systems create harms that firm-by-firm supervision cannot capture, a report published by the Financial C... (more story)
Lenaerts set to be reappointed as judge for EU top court
July 06, 2026
| Jean Comte
Koen Lenaerts, a judge at the EU higher-tier court and currently the president of the institution, is on track to be reappointed for another mandate, according to documents seen by MLex. EU member states are s... (more story)
US Fed’s Global Systemically Important Bank plan `misses the mark,’ group says
July 02, 2026
| Neil Roland
The US Federal Reserve’s proposal for Global Systemically Important Bank surcharges ignores real-life experience with the 2023 banking crisis, the non-profit, non-partisan Better Markets group said. A posting ... (more story)
Forvis Mazars sanctioned by UK regulator for Studio Retail audit failings
July 02, 2026
| Maciej Boguslawski
Audit and professional services firm Forvis Mazars and one of its audit partners have been sanctioned by the UK’s audit watchdog for serious failings in an audit of Studio Retail Group. The company entered adm... (more story)
UK pension providers urged to do more for consumers with older products
July 02, 2026
| Maciej Boguslawski
UK pension providers should do more to improve outcomes for customers holding older products, the financial markets watchdog has urged after finding that some may be receiving poorer value than savers invested... (more story)
UK motor finance redress scheme delayed following legal challenges
July 02, 2026
| Martin Coyle
A UK program for lenders to pay £9.1 billion in compensation to customers who were missold car finance has been delayed following legal challenges from a consumer group and three finance companies, the Financi... (more story)
EU power plan, emissions system review, banking report postponed to July 17
July 02, 2026
| Helena Freitas
The EU’s electrification action plan, the review of the bloc’s Emissions Trading System, network-charges measures and a bank competitiveness report are set to be unveiled on July 17, two days later than initia... (more story)