FCA

The 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 Watchdog Orders Crypto ATM Agents to Pull Plugs
UK Watchdog Orders Crypto ATM Agents to Pull Plugs
March 11, 2022  |  Cryptocurrency

All of the cryptocurrency ATMs currently available in the U.K. are operating illegally and are being warned by the Financial Conduct Authority (FCA) to cease...

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Business Lender Funding Circle Shuts Off Retail Platform to New Investments
Business Lender Funding Circle Shuts Off Retail Platform to New Investments
March 10, 2022  |  Loans

Funding Circle has permanently barred new investors from its retail platform, the business lender announced Thursday (March 10). Get the Full Story Complete the form...

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EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law MiCA Set for Vote March 14
EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law...
March 07, 2022  |  International

In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s...

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FCA Won’t Fight High-Interest Lender’s Resuming Operations
FCA Won’t Fight High-Interest Lender’s Resuming Operations
March 07, 2022  |  Loans

Nearly a year after the United Kingdom’s finance regulator banned Amigo Holdings PLC from issuing loans in the U.K., the tide is turning. Get the...

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Barclays Faces $1M Penalty Over Payments Firm Collapse
Barclays Faces $1M Penalty Over Payments Firm Collapse
February 28, 2022  |  International

Barclays Bank Plc has been fined 783,800 pounds ($1 million) by the United Kingdom’s financial regulatory body for its failure to oversee Premier FX, the...

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EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes Crypto Rules
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022  |  International

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European...

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Parliament Blasts Regulators Over Failure to Oversee Financial Services
Parliament Blasts Regulators Over Failure to Oversee Financial Services
February 22, 2022  |  International

Members of Parliament took aim at the United Kingdom’s financial regulatory bodies Monday (Feb. 21), alleging they have failed to combat fraud and accused them...

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FCA Warns Bitpanda Over Trustology Deal
FCA Warns Bitpanda Over Trustology Deal
February 22, 2022  |  Acquisitions

The U.K.’s financial watchdog said it has its eyes on crypto platform Bitpanda’s plan to purchase the British company Trustology and can quash the deal...

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FCA: Crypto Products Less Regulated in UK Than in US
FCA: Crypto Products Less Regulated in UK Than in US
February 18, 2022  |  Cryptocurrency

Last week was an expensive one for BlockFi. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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