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

Wise’s Käärmann Faces Sanctions from UK’s FCA
Wise’s Käärmann Faces Sanctions from UK’s FCA
October 01, 2021  |  Taxes

Kristo Käärmann, CEO and co-founder of money transfer firm Wise, may face sanctions in the U.K. for a tax violation that could see him banned...

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FCA Chair: Investors Need Protection From Online Crypto Schemes
FCA Chair: Investors Need Protection From Online Crypto Schemes
September 08, 2021  |  Cryptocurrency

Investors need protection from sketchy cryptocurrency schemes, especially those being promoted online by paid influencers in “pump and dump” maneuvers, Financial Conduct Authority Chairman Charles...

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Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
September 06, 2021  |  Bitcoin

Charles Randell, head of the U.K. Financial Conduct Authority (FCA), has said regulators in the country should be given more power to protect consumers from...

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Lloyds Bank Hit With Biggest UK Watchdog Fine In Two Years
Lloyds Bank Hit With Biggest UK Watchdog Fine In Two Years
July 08, 2021  |  Bank Regulation

Lloyds Bank was hit with a fine totaling £90 million by the U.K. Financial Conduct Authority (FCA), it’s biggest since 2019 and the second largest...

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UK Regulators Targeting Diversity Improvements In Financial Services
UK Regulators Targeting Diversity Improvements In Financial Services
July 07, 2021  |  Banking

A lackluster economy that’s still recovering from the COVID-19 pandemic isn’t the only issue plaguing the U.K. financial sector these days. Recently, regulators pointed to...

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UK’s FCA To FinTechs: You’re Not Banks
UK’s FCA To FinTechs: You’re Not Banks
May 19, 2021  |  Regulation

Great Britain’s chief financial watchdog has a message for FinTech startups operating in the U.K.: stop comparing yourself to banks. Get the Full Story Complete...

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NatWest Violated Money Laundering Rules, FCA Says
NatWest Violated Money Laundering Rules, FCA Says
March 16, 2021  |  Banking

The United Kingdom’s Financial Conduct Authority (FCA) announced Tuesday (March 16) it had commenced criminal proceedings against National Westminster Bank Plc (NatWest) for violation of...

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Today In Payments: Buy Now Pay Later Firms Face UK FCA Crackdown; SPACs Now Eye Asia For Merger Deals
Today In Payments: Buy Now Pay Later Firms Face UK FCA Crackdown; SPACs Now Eye...
February 02, 2021  |  News

In today’s top news, the FCA will begin regulating BNPL firms in the U.K., and SPACs are moving in on the Asian market. Plus, Visa’s...

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UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020  |  Bank Regulation

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on...

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