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

EU Eases State Aid For Cos. As Banks Worldwide Pledge Help Funding

EU Eases State Aid For Cos. As Banks Worldwide Pledge Help Funding
EU Eases State Aid For Cos. As Banks Worldwide Pledge Help Funding
March 17, 2020  |  Economy

The coronavirus is spurring governments and companies to take action to help businesses and individuals. Here are the latest updates on the coronavirus around the...

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Bitcoin Daily: S Korea OKs Crypto, Exchange Regulation; Malta’s Trident Crypto Database Stolen
Bitcoin Daily: S Korea OKs Crypto, Exchange Regulation; Malta’s Trident Crypto Database Stolen
March 05, 2020  |  Bitcoin

In a new digital real estate game called Upland, players can buy virtual versions of properties in San Francisco, Cointelegraph reported. Players can then earn...

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UK Explores Open Banking’s SMB Finance Impact
UK Explores Open Banking’s SMB Finance Impact
March 05, 2020  |  B2B Payments

Open Banking business models continue to proliferate, and not just geographically. In the U.K., financial regulators are exploring an expansion of the data ownership, privacy...

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Coronavirus Cases Surpass 1,000 in Japan; Amazon Office Worker Confirmed Case
Coronavirus Cases Surpass 1,000 in Japan; Amazon Office Worker Confirmed Case
March 04, 2020  |  Cross-border Payments

The coronavirus could have wide-reaching effects on eCommerce, sporting events, travel, technology, and the economy as a whole. Here are the latest updates on the...

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Top News In Payments: Open Banking Could Expand In UK; Goldman Leads $1.75B Credit Line For WeWork
Top News In Payments: Open Banking Could Expand In UK; Goldman Leads $1.75B Credit Line...
December 18, 2019  |  News

In today’s top payments news, the Financial Conduct Authority proposed new data sharing rules to expand open banking in the U.K., and WeWork received $1.75...

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UK Banking Investigations Rise 16 Pct YOY
UK Banking Investigations Rise 16 Pct YOY
December 15, 2019  |  Bank Regulation

Probes into financial institutions in the U.K. are up for the first time since 2015 due in part to an increase in both white-collar and...

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UK Regulators Call For Backup Plans Following Bank IT Glitches
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019  |  Bank Regulation

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year,...

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FCA Questions Metro Bank Managers On Misreporting Allegations
FCA Questions Metro Bank Managers On Misreporting Allegations
September 17, 2019  |  Bank Regulation

Metro Bank senior managers are being grilled by the U.K. Financial Conduct Authority (FCA) about a misreporting scandal that caused stock values to fall in excess...

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