Revolut’s Product Approvals Face UK Regulatory Scrutiny
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British regulators are reportedly reviewing Revolut’s process for approving new products. The Bank of England’s Prudential Regulation Authority (PRA) issued what is known as a section 166 earlier this year to investigate risks surrounding the speed of Revolut’s product launches, the Financial Times (FT) reported Tuesday (Oct. 27). The report, citing sources familiar with the […] The post Revolut’s Product Approvals Face UK Regulatory Scrutiny appeared first on PYMNTS.com.
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