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

British Watchdog FCA Says Pandemic Could Flatline 4,000 Financial Services Firms

British Watchdog FCA Says Pandemic Could Flatline 4,000 Financial Services Firms
British Watchdog FCA Says Pandemic Could Flatline 4,000 Financial Services Firms
January 07, 2021  |  Economy

U.K. market watchdog the Financial Conduct Authority (FCA) cautions that the results of its recent pandemic resiliency survey indicate some 4,000 companies doing business in the...

READ MORE >
UK’s FCA Gives Six More Months For Loan Holidays
UK’s FCA Gives Six More Months For Loan Holidays
November 02, 2020  |  Loans

With new lockdown restrictions due to COVID-19 imminent, the U.K.’s Financial Conduct Authority (FCA) has extended loan holidays for those who still can’t pay off...

READ MORE >
Bitcoin Daily: UK Regulator Forbids Sale Of Crypto-Derivatives To Retail Investors; DeFi Platform Wing To Integrate Credit Scores
Bitcoin Daily: UK Regulator Forbids Sale Of Crypto-Derivatives To Retail Investors; DeFi Platform Wing To...
October 06, 2020  |  Bitcoin

Britain’s Financial Conduct Authority (FCA) has prohibited the sale of digital currency derivatives to retail investors, according to a Tuesday (Oct. 6) press release. The...

READ MORE >
UK Regulator Ends Half Its Money Laundering Probes Without Prosecuting
UK Regulator Ends Half Its Money Laundering Probes Without Prosecuting
September 14, 2020  |  Legal & Regulation

The United Kingdom’s financial regulator has closed the book on seven of 14 criminal investigations into the breach of money laundering rules, the Financial Times...

READ MORE >
UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle
UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle
July 09, 2020  |  Legal & Regulation

The United Kingdom’s financial regulator has toughened rules on payment companies less than two weeks after Wirecard AG’s collapse locked millions of customers out of...

READ MORE >
Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African Ex-Crypto Agency Chief Allegedly Scammed Investors Of $13.4M
Bitcoin Daily: Travala Users Can Use Crypto Again To Pay For Expedia Bookings; S. African...
July 06, 2020  |  Bitcoin

Travala.com, the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to...

READ MORE >
Wirecard Reopens UK Banking As Regulators Remove Restrictions
Wirecard Reopens UK Banking As Regulators Remove Restrictions
June 30, 2020  |  Cybersecurity

Wirecard AG got the green light Tuesday (June 30) to resume its banking operations in the United Kingdom (UK), as financial regulators lifted restrictions that...

READ MORE >
UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
June 29, 2020  |  Cybersecurity

After the U.K.’s Financial Conduct Authority (FCA) mandated that Wirecard’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the...

READ MORE >