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)

UK Case Might Set Precedent For Payment Protection Insurance Claims
UK Case Might Set Precedent For Payment Protection Insurance Claims
July 03, 2018  |  Banking

After a key legal case that may set a precedent for future claims, U.K. banks may have to pay up to £18 billion to customers...

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The FCA Is Proposing Changes To Help Victims Of APP Fraud
The FCA Is Proposing Changes To Help Victims Of APP Fraud
June 26, 2018  |  Security & Fraud

The Financial Conduct Authority (FCA) of the U.K. on Tuesday (June 26) announced it is proposing changes to complaint handling rules to help victims of...

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Are UK Overdraft Fees More Costly Than Payday Loans?
Are UK Overdraft Fees More Costly Than Payday Loans?
May 23, 2018  |  Alternative Finances

Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require...

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UK Banks Need To Invest In Cutting-Edge Tech To Fight Cybercrime
UK Banks Need To Invest In Cutting-Edge Tech To Fight Cybercrime
May 22, 2018  |  Bank Regulation

In order to prevent cybersecurity attacks, U.K. banks are going to have to take chances investing in new technologies at a time when the banks are...

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May’s Days See CDD And GDPR Take Effect
May’s Days See CDD And GDPR Take Effect
May 14, 2018  |  Regulation

May 11 marked a watershed moment of sorts when, this past Friday, the final customer due diligence rule via the Financial Crimes Enforcement Network (FinCEN)...

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FCA Draws Ire Of SMBs Mistreated By Big Banks
FCA Draws Ire Of SMBs Mistreated By Big Banks
May 10, 2018  |  Bank Regulation

Britain’s financial watchdog, the Financial Conduct Authority (FCA), has come under attack from former small business owners who have complained about being mistreated by big...

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Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe
Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe
March 26, 2018  |  Regulation

Blockchain at the State Level In legislative news, a bipartisan bill is making its way through Congress that urges government agencies to look into using...

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Global Regulators Work Together On Blueprint For FinTech ‘Sandbox’
Global Regulators Work Together On Blueprint For FinTech ‘Sandbox’
March 20, 2018  |  Financial Inclusion

Regulators from around the world are teaming up to create a blueprint for a global FinTech “sandbox.” According to Reuters, Britain’s Financial Conduct Authority (FCA)...

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Feds File Charges In International Fraud Scheme Involving A Picasso
Feds File Charges In International Fraud Scheme Involving A Picasso
March 02, 2018  |  Security & Fraud

For their alleged roles in a massive stock fraud and money laundering scam involving a Picasso, the U.S. Department of Justice has criminally charged 10...

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