Key regulatory developments in the UK over the past week:

1. FCA imposes new rules on Buy Now Pay Later products The Financial Conduct Authority (FCA) announced new regulations on Buy Now Pay Later (BNPL) products, which have grown in popularity in recent years. The rules aim to protect consumers from accumulating large debts and will require firms to conduct affordability checks before providing credit, provide clearer information about the product and its costs, and intervene earlier when customers are struggling to repay.

2. Government sets new rules on online age verification The UK government has introduced new rules to protect children from online harm by requiring social media platforms, gaming sites, and other online services to carry out age verification checks. The new rules, which will be enforced by the Office of Communications (Ofcom), aim to prevent children from accessing inappropriate content and interacting with strangers online.

3. FCA issues warning on crypto investments The FCA has issued a warning to investors about the risks associated with cryptocurrency investments, citing high volatility and the potential for fraud. The regulator urged investors to be cautious when considering investing in cryptocurrencies and to do their own research before making any investments.

4. CMA launches investigation into Google's privacy sandbox The Competition and Markets Authority (CMA) has launched an investigation into Google's plans to phase out third-party cookies in its Chrome browser and replace them with its Privacy Sandbox. The CMA is concerned that the move could harm competition in digital advertising and reduce consumer choice, and will investigate whether Google is abusing its dominant position in the market.

5. UK government proposes new data protection laws The UK government has proposed new data protection laws that would require companies to provide greater transparency and control over how personal data is used. The proposals include giving individuals the right to request that their data be deleted, requiring companies to obtain explicit consent before processing sensitive data, and introducing greater fines for companies that breach data protection laws.

These are just some of the key regulatory developments that have taken place in the UK over the past week. It's important to stay up to date with the latest developments, as they can have significant implications for businesses and individuals alike.