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

EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M
EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank...
February 14, 2022  |  International

In today’s top Europe, Middle East and Africa news, the U.K.’s Competition and Markets Authority (CMA) fined retailers JD Sports and Footasylum $6 million for sharing commercially...

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UK’s FCA Pushes BNPL Firms to Update Contract Terms
UK’s FCA Pushes BNPL Firms to Update Contract Terms
February 14, 2022  |  Buy Now Pay Later

As the popularity of buy now, pay later (BNPL) rises, the United Kingdom’s financial regulator is asking these services to amend terms that could hurt...

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UK Adds Focus on Growth in Considering Financial Regulation
UK Adds Focus on Growth in Considering Financial Regulation
February 08, 2022  |  Regulation

The British finance ministry is moving forward with its plans to require regulators to consider the financial sector’s global competitiveness when writing rules, even after...

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EMEA Daily: CMA Fines Meta $2M for Violating Initial Enforcement Order; Europe Continues Regulatory Spree with European Chips Act 
EMEA Daily: CMA Fines Meta $2M for Violating Initial Enforcement Order; Europe Continues Regulatory Spree...
February 04, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K.’s competition regulator has fined Meta $2 million for failing to reveal staff departures,...

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Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
February 04, 2022  |  Personnel

Richard Lloyd, senior independent director of the Financial Conduct Authority (FCA), will serve as the FCA’s interim chair, and Aidene Walsh will be the interim...

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FCA Revokes Temporary Permissions Of 4 EU Firms Operating In The UK
FCA Revokes Temporary Permissions Of 4 EU Firms Operating In The UK
January 18, 2022  |  International

The U.K.’s Financial Conduct Authority (FCA) has announced that European firms looking to remain in the temporary permissions regime (TPR) must meet the FCA’s standards...

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EMEA Daily: Amazon UK Changes Course, Decides to Accept Visa After All; UK’s FCA Issued $775M in Fines in 2021
EMEA Daily: Amazon UK Changes Course, Decides to Accept Visa After All; UK’s FCA Issued...
January 17, 2022  |  International

In today’s top Europe, Middle East and Africa news, Amazon U.K. is changing course and has decided to accept Visa after all, and the U.K.’s...

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UK Lawsuit Claims Facebook Exploited Personal Data of 44 Million Users
UK Lawsuit Claims Facebook Exploited Personal Data of 44 Million Users
January 16, 2022  |  Legal

Facebook, now known as Meta, faces a fine of over $3.2 billion over allegations that it exploited data and abused its market dominance, Reuters reported...

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UK Financial Regulator to Review Data Markets as Competition Concerns Loom
UK Financial Regulator to Review Data Markets as Competition Concerns Loom
January 11, 2022  |  Regulation

The U.K. Financial Conduct Authority (FCA) announced on Tuesday (Jan. 11) that it will launch two market studies to investigate the competitive conditions to access...

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