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)

Financial Blockchain Technology Gains Ground While Crypto’s Future Remains Uncertain
Financial Blockchain Technology Gains Ground While Crypto’s Future Remains Uncertain
October 09, 2023  |  Cryptocurrency

Investing in crypto requires having a lot of optimism about crypto. And while blockchain technology still holds the potential to transform global payments, the cryptocurrency ecosystem itself...

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‘Significant’ Number of Crypto Firms Could Fail UK Standards
‘Significant’ Number of Crypto Firms Could Fail UK Standards
October 08, 2023  |  Cryptocurrency

The U.K.’s financial watchdog is launching a crackdown on cryptocurrency companies that violate new standards. The Financial Conduct Authority (FCA) is set to begin updating its warning...

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Report: Revolut Probed Over Transactions From Suspicious Accounts
Report: Revolut Probed Over Transactions From Suspicious Accounts
October 01, 2023  |  Regulation

England’s financial regulator is reportedly examining whether Revolut permitted transactions involving suspicious accounts. Revolut is in discussions with the U.K. Financial Conduct Authority (FCA) over failures that...

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PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
August 16, 2023  |  Cryptocurrency

PayPal will reportedly place a temporary halt on cryptocurrency sales for its U.K. customers starting from October. This decision comes as the company aims to...

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Klarna Partners With Money Adviser Network to Offer Debt Advice
Klarna Partners With Money Adviser Network to Offer Debt Advice
July 19, 2023  |  Consumer Finance

Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. The buy now, pay...

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FCA Proposes Consumer Duty on Social Media Financial Product Ads
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023  |  Regulation

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. That crackdown, the Financial Conduct Authority (FCA) announced...

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FCA Debuts ‘Significant Change’ to Crypto Marketing Rules
FCA Debuts ‘Significant Change’ to Crypto Marketing Rules
June 08, 2023  |  Cryptocurrency

Great Britain’s financial watchdog has unveiled what it calls “tough rules” for crypto marketing. The Financial Conduct Authority on Thursday (June 8) announced that companies...

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FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
March 17, 2023  |  Regulation

A United Kingdom regulator has cautioned payments firms that it expects their controls to be “sufficiently robust.” The Financial Conduct Authority (FCA) sent a letter...

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Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
March 03, 2023  |  Cryptocurrency

The cryptocurrency sector has yet to pull the proverbial magic rabbit from its top hat. The audience, having purchased tickets to the show, are now...

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