A British man was sentenced to more than two years in prison on Wednesday in London for his part in an international hacking group that stole millions of pounds worth of cryptocurrency from an American entrepreneur.
A British man was sentenced to more than two years in prison on Wednesday in London for his part in an international hacking group that stole millions of pounds worth of cryptocurrency from an American entrepreneur.
The son of a Russian oil and gas tycoon failed on Wednesday to secure over €7.5 million ($8.7 million) in compensation from the Council of the European Union over unlawful sanctions imposed against him in the wake of Russia's invasion of Ukraine.
Most legal professionals in the U.K. fear that a government proposal to make the Financial Conduct Authority the sole supervisor of the professional services industry could threaten the protection of confidential communications in the sector, a survey published Wednesday suggests.
The Financial Conduct Authority released near final rules on Thursday for its ground-breaking targeted-support regime to help millions of unadvised consumers buy pensions and investments.
The Financial Conduct Authority has published a letter to the government revealing updated growth plans for 2026, covering areas such as support for stablecoins issued in the U.K. and the continued use of artificial intelligence, while calling again on the government to set out its risk appetite.
British Chancellor of the Exchequer Rachel Reeves told a parliamentary committee Wednesday that she didn't authorize briefings of policy discussions to the media ahead of the autumn budget statement.
Canada Life UK said Wednesday it has finalized a £330 million ($440 million) full-scheme buy-in transaction with the pension program of U.K. electrical goods retailer Comet, securing the retirement benefits of 4,500 members.
Hargreaves Lansdown said Wednesday that it has hired a new chief legal officer and company secretary from insurer Direct Line Group, months after the wealth manager was acquired by a private equity consortium.
