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

Challenger Payments Platform VibePay OK’d By UK FCA
Challenger Payments Platform VibePay OK’d By UK FCA
July 11, 2019  |  Banking

London-based VibePay has won approval from the U.K. Financial Conduct Authority (FCA) to provide direct-to-bank payments via open banking. Get the Full Story Complete the...

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Regulators Say Facebook’s Libra Will Need Scrutiny 
Regulators Say Facebook’s Libra Will Need Scrutiny 
June 25, 2019  |  Cryptocurrency

More financial regulators are talking about Libra and saying that Facebook’s recently announced cryptocurrency won’t launch without close scrutiny, according to a report by the...

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FCA Tells Consumers To Be Wary Of Peer-To-Peer Loans
FCA Tells Consumers To Be Wary Of Peer-To-Peer Loans
April 02, 2019  |  Regulation

The U.K.’s Financial Conduct Authority  has issued a warning to consumers regarding certain risks inherent in peer-to-peer loans held in individual savings accounts, according to...

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Pan European Regulator: Key Weapon In Money Laundering War?
Pan European Regulator: Key Weapon In Money Laundering War?
March 12, 2019  |  Regulation

Among the latest headlines swirling in FinTech: Digital bank Revolut, based in the United Kingdom, has taken on an adviser, along with filling new positions,...

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FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
March 07, 2019  |  Consumer Finance

The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...

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Hacks On UK Financial Services Firms Jump In 2018
Hacks On UK Financial Services Firms Jump In 2018
February 25, 2019  |  Security & Fraud

Data breaches at financial services companies in the U.K. jumped fivefold last year, underscoring how the industry is a prime target for hackers. Get the...

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Deep Dive: How To Improve Existing AML/KYC Requirements
Deep Dive: How To Improve Existing AML/KYC Requirements
February 04, 2019  |  AML

The following Deep Dive examines how the 2008 financial meltdown paved the way for existing AML/KYC practices, and how FIs can work toward remaining compliant.

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Lloyds Criticized For Increasing Overdraft Fees
Lloyds Criticized For Increasing Overdraft Fees
January 14, 2019  |  Banking

Lloyds Banking Group is being criticized for making its overdraft fees more expensive and complicated for its customers. Get the Full Story Complete the form...

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UK Financial Firms Plagued By Tech Outages
UK Financial Firms Plagued By Tech Outages
November 27, 2018  |  Security & Fraud

Financial Services companies in the U.K. aren’t doing a good job keeping their IT systems up and running, with the Financial Conduct Authority (FCA) announcing...

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