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

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Are UK Overdraft Fees More Costly Than Payday Loans?
Are UK Overdraft Fees More Costly Than Payday Loans?
May 23, 2018  |  Alternative Finances

Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require...

READ MORE >
UK Banks Need To Invest In Cutting-Edge Tech To Fight Cybercrime
UK Banks Need To Invest In Cutting-Edge Tech To Fight Cybercrime
May 22, 2018  |  Bank Regulation

In order to prevent cybersecurity attacks, U.K. banks are going to have to take chances investing in new technologies at a time when the banks are...

READ MORE >
May’s Days See CDD And GDPR Take Effect
May’s Days See CDD And GDPR Take Effect
May 14, 2018  |  Regulation

May 11 marked a watershed moment of sorts when, this past Friday, the final customer due diligence rule via the Financial Crimes Enforcement Network (FinCEN)...

READ MORE >
FCA Draws Ire Of SMBs Mistreated By Big Banks
FCA Draws Ire Of SMBs Mistreated By Big Banks
May 10, 2018  |  Bank Regulation

Britain’s financial watchdog, the Financial Conduct Authority (FCA), has come under attack from former small business owners who have complained about being mistreated by big...

READ MORE >
Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe
Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe
March 26, 2018  |  Regulation

Blockchain at the State Level Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

READ MORE >