The FCA has today set out plans for a new Consumer Duty, which will set a higher level of consumer protection in retail financial markets for firms to adhere to.
Ethereum fights to regain the positive momentum that was lost during the flash crash the previous week. The two-day rebound halted today despite a positive start on Tuesday. As of writing ethereum trades 1.85% lower at 4276 having hit earlier the daily high at $4431.
MAS announced four new senior management appointments as part of an ongoing process to renew MAS’ leadership bench. Ms Ho Hern Shin, currently Assistant Managing Director (Banking & Insurance), will be appointed Deputy Managing Director