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

FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
August 16, 2018  |  Regulation

The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better...

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Regulators Around The Globe To Collaborate To Encourage FinTechs
Regulators Around The Globe To Collaborate To Encourage FinTechs
August 07, 2018  |  Regulation

Regulators from the U.K., U.S. and Hong Kong announced on Tuesday (Aug. 7) a new alliance aimed at encouraging the growth of FinTechs. According to...

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Payday Lender Wonga Gets £10M Lifeline
Payday Lender Wonga Gets £10M Lifeline
August 06, 2018  |  Investments

Payday loans company Wonga has received a much-needed £10 million cash infusion from Accel Partners and Balderton Capital, among others. The funding will help cover...

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Five at Five: Ride Hailing Service Grab Set For New $1B Investment
Five at Five: Ride Hailing Service Grab Set For New $1B Investment
August 01, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Stories include Southeast Asia ride-hailing service Grab...

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Watchdog Says Its Hands Are Tied; Takes No Action Against RBS
Watchdog Says Its Hands Are Tied; Takes No Action Against RBS
August 01, 2018  |  B2B Payments

The Royal Bank of Scotland (RBS) will not face enforcement action by the U.K. Financial Conduct Authority (FCA), according to Reuters reports on Tuesday (July...

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U.K. Watchdog Proposes New Regulations On Lending Platforms
U.K. Watchdog Proposes New Regulations On Lending Platforms
July 27, 2018  |  Bank Regulation

The U.K. watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through...

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Bitcoin Daily: Floating Crypto City Planned, Google’s Brin Mines Ethereum
Bitcoin Daily: Floating Crypto City Planned, Google’s Brin Mines Ethereum
July 10, 2018  |  Bitcoin

Bitcoin trades have plummeted in China amid the crackdown of the country’s central bank, The Next Web reported. While renminbi-to-bitcoin currency trades comprised more than...

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UK Case Might Set Precedent For Payment Protection Insurance Claims
UK Case Might Set Precedent For Payment Protection Insurance Claims
July 03, 2018  |  Banking

After a key legal case that may set a precedent for future claims, U.K. banks may have to pay up to £18 billion to customers...

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The FCA Is Proposing Changes To Help Victims Of APP Fraud
The FCA Is Proposing Changes To Help Victims Of APP Fraud
June 26, 2018  |  Security & Fraud

The Financial Conduct Authority (FCA) of the U.K. on Tuesday (June 26) announced it is proposing changes to complaint handling rules to help victims of...

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