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
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  |  Cybersecurity

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 Credit

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  |  Legal & 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  |  Legal & Regulation

Blockchain at the State Level Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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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.” Get the Full Story Complete the form to...

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