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)

Report: UK Car Loan Probe Could Hurt Banks
Report: UK Car Loan Probe Could Hurt Banks
February 25, 2024  |  Consumer Finance

England’s financial watchdog is taking a long look at the way lenders financed car loans. And that investigation could have broader implications for the country’s...

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UK Finance Watchdog Pulls 35 Crypto Apps Off Market
UK Finance Watchdog Pulls 35 Crypto Apps Off Market
February 14, 2024  |  Cryptocurrency

The U.K.’s financial watchdog says cryptocurrency companies still aren’t following the country’s new advertising law. The Financial Conduct Authority (FCA) noted the need for compliance Wednesday (Feb....

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Cryptocurrency Exchanges Implement Measures to Meet UK Regulations
Cryptocurrency Exchanges Implement Measures to Meet UK Regulations
January 05, 2024  |  Cryptocurrency

Cryptocurrency exchanges Coinbase, Crypto.com and Gemini have implemented risk assessments and finance tests for their users in the United Kingdom.  These measures are a response to new regulations set by...

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BNPL’s Surge in 2023: Impact, Adoption and Regulatory Crossroads
BNPL’s Surge in 2023: Impact, Adoption and Regulatory Crossroads
December 28, 2023  |  Buy Now Pay Later

From its nascent stages to its maturing as a force reshaping retail and eCommerce, installment plans, particularly buy now, pay later (BNPL) services, marked a...

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FCA CEO Says UK Rules Already Address Challenges of AI
FCA CEO Says UK Rules Already Address Challenges of AI
December 12, 2023  |  Artificial Intelligence

The Financial Conduct Authority (FCA) in the United Kingdom said Tuesday (Dec. 12) that the country already has a robust framework in place to tackle...

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UK Considering Ways to Close ‘Advice Gap’ for Small Investors 
UK Considering Ways to Close ‘Advice Gap’ for Small Investors 
December 08, 2023  |  Personal Finance

The United Kingdom’s Financial Conduct Authority (FCA) and government are considering ways to allow the delivery of more advice and support to consumers to support their...

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UK Could Regulate Tech Giants Under Financial Umbrella
UK Could Regulate Tech Giants Under Financial Umbrella
December 07, 2023  |  Regulation

Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation...

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Worldline Gets FCA Greenlight to Expand in UK
Worldline Gets FCA Greenlight to Expand in UK
November 28, 2023  |  Payment Methods

Payments services firm Worldline has gotten approval to expand its presence in Great Britain. The company announced Tuesday (Nov. 28) that it had gotten a payment institution authorization...

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UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
November 06, 2023  |  Bank Regulation

Regulators in the U.K. have unveiled their proposals for governing the use of stablecoins. The Bank of England (BOE) and the country’s Financial Conduct Authority (FCA) on Monday (Nov....

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