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

FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions

FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
August 16, 2018  |  Regulation

The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better...

READ MORE >
Regulators Around The Globe To Collaborate To Encourage FinTechs
Regulators Around The Globe To Collaborate To Encourage FinTechs
August 07, 2018  |  Regulation

Regulators from the U.K., U.S. and Hong Kong announced on Tuesday (Aug. 7) a new alliance aimed at encouraging the growth of FinTechs. Get the...

READ MORE >
Payday Lender Wonga Gets £10M Lifeline
Payday Lender Wonga Gets £10M Lifeline
August 06, 2018  |  Investments

Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. Get the Full Story Complete...

READ MORE >
Five at Five: Ride Hailing Service Grab Set For New $1B Investment
Five at Five: Ride Hailing Service Grab Set For New $1B Investment
August 01, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Stories include Southeast Asia ride-hailing service Grab...

READ MORE >
Watchdog Says Its Hands Are Tied; Takes No Action Against RBS
Watchdog Says Its Hands Are Tied; Takes No Action Against RBS
August 01, 2018  |  B2B Payments

The Royal Bank of Scotland (RBS) will not face enforcement action by the U.K. Financial Conduct Authority (FCA), according to Reuters reports on Tuesday (July...

READ MORE >
U.K. Watchdog Proposes New Regulations On Lending Platforms
U.K. Watchdog Proposes New Regulations On Lending Platforms
July 27, 2018  |  Bank Regulation

The U.K. watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through...

READ MORE >
Bitcoin Daily: Floating Crypto City Planned, Google’s Brin Mines Ethereum
Bitcoin Daily: Floating Crypto City Planned, Google’s Brin Mines Ethereum
July 10, 2018  |  Bitcoin

Bitcoin trades have plummeted in China amid the crackdown of the country’s central bank, The Next Web reported. While renminbi-to-bitcoin currency trades comprised more than...

READ MORE >
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...

READ MORE >
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...

READ MORE >