PYMNTS

JANUARY 16, 2020

The Changing B2B API World. This development was driven by a regulation put into place by the country’s Competition and Markets Authority (CMA), which sought to innovate the U.K.’s It is less clear which banks will emerge as those providers, however. Open banking is alive and thriving in the U.K., Such technology was used 17.5

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APRIL 3, 2019

may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided against such action late last year. Reports in Bloomberg on Monday (April 1) said a U.K. audits for large businesses. .” ” The committee’s conclusion drew expected criticism.

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JULY 6, 2020

Sir Jon Thompson , CEO of the FRC, said in a prepared statement: “Operational separation of audit practices is one element of the FRC’s strategy to improve the quality and effectiveness of corporate reporting and audit in the United Kingdom following the Kingman, CMA and Brydon reviews.

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MAY 29, 2019

The additional firms, as reported , include CMA CGM and MSC Mediterranean Shipping Company , with the consortium making up half of the cargo sent globally. The move toward logistics done across blockchain seeks to move away from manual and paper-based processes, where tracking items from source to dock is less than efficient. “We

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PYMNTS

DECEMBER 18, 2018

In Kenya, the Capital Markets Authority (CMA) has issued its “FinTech Sandbox Guidance Note,” which is now finalized as policy. Meetings between these firms and the CMA are slated to begin next month.

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JUNE 5, 2018

” The CMA’s nine banks are the U.K.’s Open Banking Implementation Entity (OBIE) and regulators around the globe to drive positive development in open banking and to deliver payment system innovations that work for both consumer and business users.”

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NOVEMBER 13, 2018

The CMA has reportedly received calls from members of parliament to require Big Four auditors to separate their auditing and advisory services, Reuters said. “The audit market is broken,” said Rachel Reeves, who heads parliament’s business select committee, which will begin its own inquiry into the market.

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DECEMBER 27, 2018

PSD2 Europe), CMA [Competition and Markets Authority] reforms (U.K.), . “This is the era of open banking, and we are seeing two distinct movements in countries around the globe. Firstly, regulators driving Open Banking or Open Data (e.g. Fintech Law (Mexico) and Open Data (Australia) and mandating with relatively aggressive timelines.

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JANUARY 30, 2018

Competition and Markets Authority (CMA) to develop and deploy their application program interfaces (APIs) that facilitate data sharing, including Barclays, Santander and RBS. While FinTechs are eagerly embracing Open Banking and PSD2, several major financial institutions have missed key deadlines to comply with the regulations.

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NOVEMBER 21, 2017

They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services.

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NOVEMBER 7, 2018

Among the participants, alphabetically, are carriers CMA CGM, COSCO SHIPPING Lines, Evergreen Marine, OOCL and Yang Ming. That consortium would in turn create the Global Shipping Business Network, billed as a digital platform based on blockchain.

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MAY 18, 2017

The CMA added that employers would be able to continue their premium payments until current plans run out and would have to purchase insurance from providers directly to renew their plans.

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