Financial Conduct Authority

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 Fines Al Rayan and Guaranty Trust Banks For AML Failures

FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
January 11, 2023  |  Cybersecurity

The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. Get the Full Story Complete the form to unlock this...

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UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
UK and EU’s Payments and Crypto Regulation Divergence Set to Accelerate
December 30, 2022  |  Cryptocurrency

In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Get the Full Story Complete the form to unlock this article...

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UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
December 28, 2022  |  Loans

The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. Get the Full Story Complete the form to unlock this article and...

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FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams
FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams
December 22, 2022  |  Fraud Prevention

The U.K.’s financial regulator has warned consumers to be wary of Christmas scams. Get the Full Story Complete the form to unlock this article and...

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European Banks Pay for Anti-Money Laundering Failures
European Banks Pay for Anti-Money Laundering Failures
December 15, 2022  |  AML

A string of fines is shining a light on anti-money laundering failures at European banks. Get the Full Story Complete the form to unlock this...

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New SCA Rules to Reduce Friction in Open Banking Payments
New SCA Rules to Reduce Friction in Open Banking Payments
December 14, 2022  |  Bank Regulation

Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. Get the Full Story Complete the form to unlock this...

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Santander Hit With $132M Fine for AML Failures
Santander Hit With $132M Fine for AML Failures
December 09, 2022  |  AML

The FCA has fined Santander over 107.7 million pounds ($132.2 million) for AML failures. Get the Full Story Complete the form to unlock this article...

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Advertising in the Spotlight as UK Crypto Regulation Takes Shape
Advertising in the Spotlight as UK Crypto Regulation Takes Shape
December 08, 2022  |  Cryptocurrency

After months of debate, the U.K.’s crypto regulatory framework is taking shape. Get the Full Story Complete the form to unlock this article and enjoy...

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