(source: fca.org.uk)
The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. In the first penalty, announced by the U.K.’s Financial Conduct Authority on...
In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Meanwhile, the EU is moving ahead with its own policy agenda...
The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and...
The U.K.’s financial regulator has warned consumers to be wary of Christmas scams. With inflation in the double figures, many in the country are turning...
A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped Gatehouse Bank...
Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. In the EU, the European Banking Authority (EBA) has updated...
The FCA has fined Santander over 107.7 million pounds ($132.2 million) for AML failures. In announcing the penalty, the Financial Conduct Authority (FCA) said Santander...
After months of debate, the U.K.’s crypto regulatory framework is taking shape. On Wednesday (Dec. 7), the U.K.’s House of Commons debated the Financial Services...
The FCA has proposed new measures to clamp down on unfair or misleading financial marketing. The proposals, outlined in a consultation paper published on Tuesday...