Financial Conduct Authority

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

UK’s FCA: Financial Firms Must Improve Treatment of Politicians
UK’s FCA: Financial Firms Must Improve Treatment of Politicians
July 18, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants...

READ MORE >
UK Regulators Investigating Benefits, Risks of Digital Wallets
UK Regulators Investigating Benefits, Risks of Digital Wallets
July 15, 2024  |  Payment Methods

Two United Kingdom regulators have begun gathering information on the benefits and risks of digital wallets for people and businesses. The Payment Systems Regulator (PSR) and Financial...

READ MORE >
Report: Shein Confidentially Files for IPO in London
Report: Shein Confidentially Files for IPO in London
June 24, 2024  |  IPO

Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as...

READ MORE >
Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
June 19, 2024  |  Banking

Starling Bank is reportedly taking several debtors to court amid a U.K. financial watchdog’s investigation. The neobank has filed petitions against 24 companies that have...

READ MORE >
Will Regulators’ Public Shaming Blunt Innovation?
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024  |  Regulation

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a...

READ MORE >
Monzo: UK Bank Watchdog Ends Money Laundering Probe
Monzo: UK Bank Watchdog Ends Money Laundering Probe
June 04, 2024  |  Bank Regulation

The U.K.’s financial watchdog has apparently dropped a probe into Monzo’s anti-money laundering system. That’s according to an item buried deep in the neobank’s annual report issued Monday (June...

READ MORE >
City of London Seeks to Boost Competitiveness, Foreign Investment
City of London Seeks to Boost Competitiveness, Foreign Investment
May 22, 2024  |  International

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need...

READ MORE >
UK’s FCA Defends Proposal to Disclose Companies Under Investigation
UK’s FCA Defends Proposal to Disclose Companies Under Investigation
May 08, 2024  |  Regulation

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has reportedly faced a backlash from the industry regarding its proposal to publicly disclose companies under...

READ MORE >
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
April 26, 2024  |  artificial intelligence

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information...

READ MORE >