FCA

The Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

(source: fca.org.uk)

Will Regulators’ Public Shaming Blunt Innovation?
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024  |  Regulation

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a...

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Monzo: UK Bank Watchdog Ends Money Laundering Probe
Monzo: UK Bank Watchdog Ends Money Laundering Probe
June 04, 2024  |  Bank Regulation

The U.K.’s financial watchdog has apparently dropped a probe into Monzo’s anti-money laundering system. That’s according to an item buried deep in the neobank’s annual report issued Monday (June...

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UK’s FCA Defends Proposal to Disclose Companies Under Investigation
UK’s FCA Defends Proposal to Disclose Companies Under Investigation
May 08, 2024  |  Regulation

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has reportedly faced a backlash from the industry regarding its proposal to publicly disclose companies under...

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UK Set to Revise AI Oversight Amid Big Tech Data Boom
UK Set to Revise AI Oversight Amid Big Tech Data Boom
April 24, 2024  |  artificial intelligence

The head of the U.K.’s financial regulator announced plans to explore how big tech companies’ access to extensive data might lead to improved financial products and more options for consumers. The regulatory...

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 The Juggling Act That Can Cost Middle-Market Firms $10 Million
 The Juggling Act That Can Cost Middle-Market Firms $10 Million
April 19, 2024  |  Regulation

This week, an official with the Financial Conduct Authority (FCA), an agency tasked with overseeing firms and markets in the U.K., compared her job to...

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UK Plans Stablecoin, Crypto Staking Legislation For Summer
UK Plans Stablecoin, Crypto Staking Legislation For Summer
April 15, 2024  |  Cryptocurrency

The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody.  “We are now working at pace to deliver the legislation to put...

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UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
March 26, 2024  |  emea

Amid a challenging economic landscape, the U.K.’s Financial Conduct Authority (FCA) has unveiled its Business Plan for the 2024-2025 fiscal year, marking the culmination of its three-year strategic roadmap.  One of...

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UK Warns Influencers Against Misleading Financial Promotions
UK Warns Influencers Against Misleading Financial Promotions
March 26, 2024  |  Regulation

The U.K.’s financial watchdog is warning social media influencers against making misleading financial services promotions. The Financial Conduct Authority (FCA) on Tuesday (March 26) issued guidelines aimed at social...

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Report: UK Car Loan Probe Could Hurt Banks
Report: UK Car Loan Probe Could Hurt Banks
February 25, 2024  |  Consumer Finance

England’s financial watchdog is taking a long look at the way lenders financed car loans. And that investigation could have broader implications for the country’s...

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