Financial Conduct Authority (FCA)

700 results about this entity

Period: 02 Sep 2004 - 16 May 2024

/regulation

FCA hampered by crypto skills shortage

A shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering regulations in 2021, and it still finds it difficult to recruit and retain staff with these skills, acording to a report by the National Audit Office (NAO).

/regulation

FCA to reform financial advice guidance boundaries

More people could access advice or support to help make their money work harder under proposals set out today by the Financial Conduct Authority (FCA) and the Government.

/regulation

UK financial regulators to assume direct oversight of critical technology suppliers

British banking regulators have proposed further checks on financial firms' reliance on third party technology companies.

/regulation

FCA sets out credit information market improvements

People will find their credit files better reflect their financial circumstances, under proposals announced by the Financial Conduct Authority (FCA).

/regulation

FCA fines three money tansfer firms for breaking competition law

The Financial Conduct Authority (FCA) has today imposed fines on three money transfer firms after they admitted to fixing prices charged to consumers in Glasgow.

/sustainable

FCA sets out greenwashing rules

The Financial Conduct Authority has moved to clamp down on greenwashing by putting in place sustainability disclosure requirements and an investment labels regime.

/regulation

FCA seeks feedback on data asymmetry between Big Tech and FS firms

The UK's Financial Conduct Authority is calling for industry evidence on whether the data asymmetry between Big Tech and financial services firms could lead to the likes of Amazon and Google gaining entrenched market power in the FS sector.

/payments

UK should tap open banking to take on card schemes - govt-commissioned review

The UK should use open banking to provide retailers with an alternative to card payments and to improve "clunky" P2P bank transfers, says a new government-commissioned review.

/regulation

FCA taps OneMarketData for market surveillance

The UK's Financial Conduct Authority (FCA) has picked OneMarketData for the provision of a new cloud-based market surveillance and visualisation system.

/regulation

FCA warns banks over APP fraud and poor treatment of victims

With authorised push payment fraud on the rise, the FCA says banks should strengthen anti-crime systems and must treat victims of fraud better.

/crypto

UK rule makers set out roadmap for regulating stablecoins

The Bank of England and the Financial Conduct Authority have pushed out proposals for the regulation of stablecoins, billing them as an efffective way to make payments faster and cheaper for consumers and retailers.

/crypto

FCA introduces additional guidance to help crypto firms comply with promotion rule

Following a change in legislation, cryptoassets promotions targeting UK consumers now fall within our remit.

/crypto

Global regulators form asset tokenisation policy forum

Financial regulators from the UK, Singapore, Switzerland and Japan are collaborating on a new project to explore fund and asset tokenisation use cases and decentralised finance.

/payments

More than a quarter of Brits using BNPL - FCA

As new research shows that more than a quarter of Brits have used BNPL in a six-month period, the FCA has agreed deals with two firms - PayPal and QVC - to make their contract terms easier to understand.

/regulation

NatWest admits to failings in Farage fiasco, FCA to review case

The UK’s Financial Conduct Authority (FCA) has found potential “regulatory breaches” in NatWest’s decision to close former Brexit party leader Nigel Farage’s accounts earlier this year.

/regulation

FCA finds firms trying to fudge rules on crypto promotions

The Financial Conduct Authority is taking aim at crypto firms trying to dodge new rules on financia promotions by posting illegible warning notices.

/security

Open Banking Limited publishes two data collection frameworks

Open Banking Limited (OBL) has published two data collection frameworks on the themes of ‘Levelling up availability and performance’ and ‘Mitigating the risks of financial crime’.

/regulation

FCA and Modulr agree customer onboarding restrictions

The UK's Financial Conduct Authority has placed customer onboarding restrictions on Payments-as-a-Service provider Modulr until its comes up to scratch with new regulations.

/crypto

Binance stops accepting new UK customers

Binance has stopped accepting new users in the UK while it works to find a partner to help it meet recently-introduced crypto asset promotion rules.

/security

FCA fines Equifax £11m for major consumer data breach

The Financial Conduct Authority (FCA) has fined Equifax over £11 million for failing to protect their customers from a data breach outsourced to its US parent company.