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 Financial Watchdog Wants More Protection For Retail Financial Investors

UK Financial Watchdog Wants More Protection For Retail Financial Investors
UK Financial Watchdog Wants More Protection For Retail Financial Investors
May 14, 2021  |  Legal & Regulation

Great Britain’s Financial Conduct Authority (FCA) has instituted a new consumer duty designed to give consumers greater protection when dealing with retail financial market firms....

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UK’s FCA Probes Supply Chain Finance Firm Greensill
UK’s FCA Probes Supply Chain Finance Firm Greensill
May 11, 2021  |  B2B Payments

A financial regulator in the United Kingdom disclosed that it is officially looking into the British business of Greensill, a supply chain finance firm, Reuters...

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Bitcoin Daily: RocketFuel Launches One-Click Crypto Checkout; FCA Requires UK Crypto Companies To Submit Financial Crime Reports
Bitcoin Daily: RocketFuel Launches One-Click Crypto Checkout; FCA Requires UK Crypto Companies To Submit Financial...
March 31, 2021  |  Bitcoin

RocketFuel Blockchain, which works on one-click online payments with bitcoin and other cryptocurrencies, has rolled out a blockchain-based payment solution, according to a press release....

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UK Markets Regulator Wants To Ease SPAC Rules
UK Markets Regulator Wants To Ease SPAC Rules
March 31, 2021  |  Legal & Regulation

The Financial Conduct Authority, the U.K.’s markets regulator, released plans Wednesday (March 31) to reform its rules governing special-purpose acquisition companies (SPACs). According to the...

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UK Insurers Pay Over $650 Million In Claims To Businesses
UK Insurers Pay Over $650 Million In Claims To Businesses
March 22, 2021  |  Cross-border Payments

U.K. insurers have paid out around 470 million pounds (about $652 million) in business claims to those affected by COVID-19, according to data from the Financial...

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UK’s Financial Conduct Authority Ups Limit For Contactless Payments
UK’s Financial Conduct Authority Ups Limit For Contactless Payments
March 03, 2021  |  Digital Payments

The U.K.’s Financial Conduct Authority (FCA) is increasing the limits on contactless payments to 100 pounds for single transactions and 300 pounds for multiple transactions, according...

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Bitcoin Daily: Britain’s Financial Regulator Warns Of Crypto Scams Offering High Returns
Bitcoin Daily: Britain’s Financial Regulator Warns Of Crypto Scams Offering High Returns
January 11, 2021  |  Bitcoin

The U.K. Financial Conduct Authority (FCA) said new scams could end up having devastating effects on crypto investors, CoinDesk reported. According to the FCA, investors...

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Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data
Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency...
January 07, 2021  |  Cross-border Payments

In today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial...

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