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

Open Banking Ltd. to Support UK’s Launch of Variable Recurring Payments
Open Banking Ltd. to Support UK’s Launch of Variable Recurring Payments
January 23, 2025  |  Digital Payments

Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch...

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UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
January 22, 2025  |  Regulation

The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as part of its efforts to...

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UK BNPL Volumes Jump Nearly 20% Amid Increased Scrutiny
UK BNPL Volumes Jump Nearly 20% Amid Increased Scrutiny
January 16, 2025  |  BNPL

British consumers are increasingly embracing buy now, pay later (BNPL) plans amid increasing government scrutiny. Get the Full Story Complete the form to unlock this...

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Neobanks Navigate SMB Market Potential and Regulatory Risks
Neobanks Navigate SMB Market Potential and Regulatory Risks
January 13, 2025  |  SMBs

Neobanks have gained momentum with the promise of helping consumers shift their financial lives fully online — with digital onboarding, speedier account openings and competitive...

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UK Financial Authorities to Improve Cooperation on National Payments Vision
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024  |  Regulation

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its...

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UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
UK’s FCA Seeks Comment on Proposed Cryptocurrency Regulations
December 16, 2024  |  Cryptocurrency

The United Kingdom’s Financial Conduct Authority is seeking public comment on its plans to improve the transparency of the country’s cryptocurrency markets. Get the Full...

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Newly Flush With Capital, Challenger Banks Face New Challenges
Newly Flush With Capital, Challenger Banks Face New Challenges
December 10, 2024  |  Security & Fraud

A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks,...

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Lawsuit Alleges UK’s FCA Unfairly Excluded Some Businesses From Compensation
Lawsuit Alleges UK’s FCA Unfairly Excluded Some Businesses From Compensation
December 10, 2024  |  Legal

A lawsuit in the United Kingdom alleges that the country’s Financial Conduct Authority (FCA) unfairly “shut out” some small businesses when compensating customers who were...

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FCA Chief Appears to Pave Way for Shein UK IPO
FCA Chief Appears to Pave Way for Shein UK IPO
December 03, 2024  |  IPO

Great Britain’s financial regulator has reportedly opened the door for Shein to go public there. Get the Full Story Complete the form to unlock this article and...

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