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

Citizens Advice Files Complaint With British Regulator
Citizens Advice Files Complaint With British Regulator
September 28, 2018  |  Europe

Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers were being “ripped...

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Small Firms Target RBS Execs In New Investigation
Small Firms Target RBS Execs In New Investigation
August 30, 2018  |  B2B Payments

The fallout over the Royal Bank of Scotland’s mistreatment of some small business customers continues, with a new investigation launching after the U.K. Financial Conduct...

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Wonga Stops Taking New Loan Applications
Wonga Stops Taking New Loan Applications
August 30, 2018  |  Loans

Wonga, the U.K.-based payday lender, has halted accepting new loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Bitcoin Daily: In UK, Warnings On Crypto Scams, While Bitcoin Wilts
Bitcoin Daily: In UK, Warnings On Crypto Scams, While Bitcoin Wilts
August 21, 2018  |  Bitcoin

Amid the volatility of cryptos, and across the pond, warnings of scams abound. Get the Full Story Complete the form to unlock this article and...

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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. Get the...

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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. Get the Full Story Complete...

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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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