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Weekly Roundup: UK Regulator Expects No Major New Rules for Banks, Colombia Seizes FARC Assets, and More
printThe new head of the U.K.'s Bank of England Prudential Regulation Authority said he does not expect the government to impose any new major rules on banks, Politico reported. More Banks helped U.K. law enforcement to identify 10 people suspected of making 1,985 fraudulent transactions worth more than Â?680,000 through remote purchase cards, according to Financial Fraud Action UK, a payments industry trade association. More A Swiss court granted UBS the right to appeal a request for the records of 10,000 of its customers from French prosecutors made to Swiss authorities as part of a criminal probe into the bank's...
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