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

UK’s FCA Pushes BNPL Firms to Update Contract Terms

UK’s FCA Pushes BNPL Firms to Update Contract Terms
UK’s FCA Pushes BNPL Firms to Update Contract Terms
February 14, 2022  |  Buy Now Pay Later

As the popularity of buy now, pay later (BNPL) rises, the United Kingdom’s financial regulator is asking these services to amend terms that could hurt...

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Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
February 04, 2022  |  Personnel

Richard Lloyd, senior independent director of the Financial Conduct Authority (FCA), will serve as the FCA’s interim chair, and Aidene Walsh will be the interim...

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UK’s FCA Issued $775M in Fines in 2021
UK’s FCA Issued $775M in Fines in 2021
January 17, 2022  |  International

A rise in financial crime fueled by the pandemic led the U.K.’s Financial Conduct Authority (FCA) to issue 568 million British pounds (about $775 million)...

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FCA Deems NYDIG’s Bitcoin Payments App Bottlepay a Cryptoasset Firm
FCA Deems NYDIG’s Bitcoin Payments App Bottlepay a Cryptoasset Firm
January 11, 2022  |  Cryptocurrency

Bitcoin firm NYDIG’s subsidiary Bottlepay, a bitcoin payments app, has been registered by the U.K. Financial Conduct Authority (FCA) as a cryptoasset business, the first...

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EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European...

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EMEA Daily: UK’s Cazoo Launches in France and Germany; Israeli FinTech Startup Anchor Closes $15M Seed Round
EMEA Daily: UK’s Cazoo Launches in France and Germany; Israeli FinTech Startup Anchor Closes $15M...
December 01, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K.’s Cazoo expands into mainland Europe; Israeli FinTech startup Anchor closes a $15 million...

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EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace
EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace
November 29, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. FinTech startup Thought Machine raises $200 million at a $1 billion valuation; Flutterwave launches...

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UK Financial Watchdog Organization Chair to Step Down a Year Early
UK Financial Watchdog Organization Chair to Step Down a Year Early
October 17, 2021  |  International

The leader of the United Kingdom’s financial watchdog organization has said he will step down in spring 2022, a year earlier than expected, The Guardian...

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BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From Regulators
BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From...
August 22, 2021  |  Buy Now Pay Later

Square is planning to purchase buy now, pay later (BNPL) firm Afterpay for $29 billion. Get the Full Story Complete the form to unlock this...

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