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: No-Deal Brexit Poses Risks To Financial Sector
FCA: No-Deal Brexit Poses Risks To Financial Sector
March 21, 2019  |  Brexit

The Financial Conduct Authority (FCA) warned Thursday (March 21) that a no-deal Brexit poses risks to the financial sector and the customers these firms serve,...

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UK Complaints Body Gets Nod To Increase FinTech Fines
UK Complaints Body Gets Nod To Increase FinTech Fines
March 08, 2019  |  Regulation

Britain’s Financial Conduct Authority (FCA) has said the Financial Ombudsman Service, which handles complaints from financial companies and customers, will be able to raise fine...

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FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
FCA Calls For Lenders To Curb ‘Unacceptable’ Fees
March 07, 2019  |  Consumer Finance

The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has found that some lenders are inflicting their credit card customers with an “unacceptable” number of...

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Deep Dive: How To Improve Existing AML/KYC Requirements
Deep Dive: How To Improve Existing AML/KYC Requirements
February 04, 2019  |  AML

The following Deep Dive examines how the 2008 financial meltdown paved the way for existing AML/KYC practices, and how FIs can work toward remaining compliant.

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Deep Dive: PSD2 And FCA Exemptions
Deep Dive: PSD2 And FCA Exemptions
January 28, 2019  |  Regulation

PSD2 requires every player in the EU that handles payments to make adjustments to ensure faster and more transparent transactions. The regulation opens customer data...

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Bitcoin Daily: Ripple, Chinese University Debut Blockchain Scholarship; UK Reg Drafts Crypto Assets Guidance
Bitcoin Daily: Ripple, Chinese University Debut Blockchain Scholarship; UK Reg Drafts Crypto Assets Guidance
January 24, 2019  |  Bitcoin

The Institute for FinTech Research at Beijing’s Tsinghua University (THUIFR) has unveiled a blockchain scholarship program with Ripple’s help, Cointelegraph reported.  Through the program, graduate students...

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UK Says ‘No’ To Small Business Loan Regulation
UK Says ‘No’ To Small Business Loan Regulation
January 14, 2019  |  B2B Payments

The U.K. government has reportedly rejected recommendations by the Treasury Select Committee that suggested stricter regulations on bank lending to small businesses (SMBs). Reports in...

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UK Banks Make $3.03B In 2017 Overdraft Fees
UK Banks Make $3.03B In 2017 Overdraft Fees
December 18, 2018  |  Regulation

The Financial Conduct Authority (FCA) announced Tuesday (Dec. 18) that U.K. banks made more than $3.03 billion from charging overdraft fees last year. Get the...

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Report: Only 29 Percent Of EU Firms Are GDPR-Compliant
Report: Only 29 Percent Of EU Firms Are GDPR-Compliant
December 17, 2018  |  Fraud Prevention

It’s been six months since the General Data Protection became law of the land, at least in the European Union, and yet the majority of...

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