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 Awards P2P Lender Zopa First UK Banking License
FCA Awards P2P Lender Zopa First UK Banking License
December 04, 2018  |  Banking

British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Get the Full...

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Bitcoin Daily: Sketchy Crypto Reviews For Sale; Argentinian Bitcoin-Enabled ATM Rollout Postponed
Bitcoin Daily: Sketchy Crypto Reviews For Sale; Argentinian Bitcoin-Enabled ATM Rollout Postponed
November 28, 2018  |  Bitcoin

The UK’s Financial Conduct Authority (FCA) revealed that it has launched investigations into 50 cryptocurrency companies over unlicensed operations. Get the Full Story Complete the...

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Is The UK’s Mulling Of Crypto Derivative Ban A Sign Of Things To Come?
Is The UK’s Mulling Of Crypto Derivative Ban A Sign Of Things To Come?
November 05, 2018  |  Cryptocurrency

Bitcoin and other cryptocurrencies trade at levels far off peaks, a bit above lows. There is hope that new trading opportunities — such as through derivatives...

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In UK, P2P Firm Seeks Help from Regulators
In UK, P2P Firm Seeks Help from Regulators
October 22, 2018  |  Legal

In the United Kingdom, a peer-to-peer (P2P) property lender has taken what the Financial Times called “the unusual step” of asking a regulator for aid...

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UK To Allow More SMBs To File Bank Complaints
UK To Allow More SMBs To File Bank Complaints
October 16, 2018  |  B2B Payments

The U.K. government is broadening the ability of small businesses (SMBs) to lodge complaints against their banks, according to Financial Times reports Tuesday (Oct. 16)....

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Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
Post-Wonga Collapse, FCA Scrutinizes Payday Lenders
October 16, 2018  |  Regulation

Britain’s financial regulator has sent a warning to payday lenders after rising complaints following the collapse of Wonga. Get the Full Story Complete the form...

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Virgin Money Buyout By CYBG Receives All-Clear
Virgin Money Buyout By CYBG Receives All-Clear
October 15, 2018  |  B2B Payments

A court hearing late last week gave the all-clear for CYBG to complete its acquisition of Virgin Money for $2.24 billion, finalizing one of the...

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RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
RBS Chief: Lack Of Regulation Allowed Bank’s SMB Mistreatment
October 09, 2018  |  B2B Payments

The Royal Bank of Scotland‘s (RBS’) chief executive is calling on U.K. regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory...

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Tesco Bank Fined £16.4M For 2016 Cyberattack
Tesco Bank Fined £16.4M For 2016 Cyberattack
October 01, 2018  |  Security & Fraud

Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender...

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