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)

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)

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 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)

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)

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)

Crypto trading platform Binance faces a £150 million UK lawsuit brought by investors who claim they made substantial losses after being wrongly sold high-risk complex derivative products that lost them million... (more story)

KakaoPay has taken its fight with South Korea’s privacy regulator to the appellate court, challenging a ruling that upheld a 6 billion won ($3.9 million) sanction over its transfer of roughly 40 million users’... (more story)