Financial Conduct Authority (FCA)

700 results about this entity

Period: 02 Sep 2004 - 16 May 2024

/crime

FCA urges Brits to watch out for loan fee fraud

With Brits under increasing financial strain this summer, the Financial Conduct Authority is urging Brits to watch out for signs of loan fee fraud.

/regulation

FCA points Consumer Duty at bank savings rates

The first action under the UK Financial Conduct Authority's new Consumer Duty rules arrives with the publication of a 14-point action plan to boost cash savings interest rates.

/regulation

FCA finds banks have a mountain to climb to meet new Consumer Duty

With the new Consumer Duty set to come into effect next week, the Financial Conduct Authority has found that 7.4 million people unsuccessfully attempted to contact one or more of their financial services providers in the 12 months before May 2022.

/regulation

FCA implements permanent Digital Sandbox

The UK's Financial Conduct Authority has implemented a permanent Digital Sandbox, making the testpad available full-time for firms wanting to try out innovative technologies.

/regulation

FCA chief warns banks of AI risks and Big Tech threat

FCA chief Nikhil Rathi has urged banks to up their spending to combat the rise in AI and the threat of 'deep fake' fraud.

/crypto

FCA continues crackdown on crypto ATMs in the UK

Since the start of 2023, the Financial Conduct Authority (FCA) has visited and inspected 34 locations across the UK suspected of hosting crypto ATMs.

/regulation

BoE and FCA release data collection transformation update

The Bank of England (BoE) and Financial Conduct Authority (FCA) have met their phase one commitments in ongoing delivery of the Transforming Data Collection (TDC) joint transformation programme.

/markets

FCA proposes UK consolidated tape

The UK's Financial Conduct Authority is proposing the introduction of a consolidated tape in order to give investors clear and low-cost trading data.

/regulation

Bitstamp secures registration as a cryptoasset service provider by FCA

Bitstamp, the world’s longest-running cryptocurrency exchange, has been registered to fully operate in the UK by the Financial Conduct Authority (FCA).

/crypto

FCA cracks down on crypto advertising

The UK's Financial Conduct Authority is to introduce tough new rules for the marketing of crypto assets, including a 24-hour cooling off period for first time investors.

/regulation

UK regulators set out next steps to help UK open banking grow

The Joint Regulatory Oversight Committee (JROC) has today set out an ambitious programme of work to take forward recommendations for the next phase of open banking in the UK.

/inclusion

FCA bans referral fees for debt packagers to help struggling consumers

The FCA is banning certain providers of debt advice from receiving referral fees from debt solution providers.

/regulation

FCA plans to align rules for fund managers and investment managers pose material threat says Pimfa

PIMFA, the trade association for the wealth management, investment services and financial advice sector, has raised serious concerns about the Financial Conduct Authority’s (FCA) proposals to harmonise rules governing the way in which fund managers and discretionary investment managers operate, saying the proposals would pose a material threat to managed portfolio services (MPS).

/people

FCA and PSR appoint new officers to decision-making committees

The FCA and PSR Boards have appointed two new Deputy Chairs - Margaret Obi and Edward Sparrow - to the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).

/regulation

FCA prepares to wield the whip on Consumer Duty

The Financial Conduct Authority has warned that it is prepared to take "robust action" against firms that fail to meet the impending Consumer Duty deadline.

/regulation

Revolut CEO claims banking crisis is delaying UK licence application - FT

Revolut CEO Nik Storonsky says the fintech's two-year quest to secure a UK banking licence is now being held up by "extra cautious" regulators spooked by recent events at the likes of Silicon Valley Bank and Credit Suisse.

/regulation

Crypto ATMs the target of continued FCA crackdown

The Financial Conduct Authority (FCA) has been working alongside the South West Regional Organised Crime Unit in Yorkshire, the Humber Regional Organised Crime Unit, and the Nottinghamshire Police Force to continue its crackdown on unregistered crypto ATMs.

/regulation

FCA proposes reforms to listings regime

The Financial Conduct Authority proposes to reform and streamline the listing rules in the UK to help attract a wider range of companies, encourage competition and improve choice for investors.

/regulation

Financial watchdog puts banks on alert over money laundering via the Post Office

The UK's Financial Conduct Authority has outlined measures to reduce the risk of money laundering via the Post Office, as more banks quit the high street and hand over the handling of cash services to the postal service.

/regulation

IFGS 2023: FCA and NayaOne partner on permanent digital sandbox

Jessica Rusu, chief data, information and intelligence officer, FCA took to the stage at Innovate Finance Global Summit, held at the Guildhall in London, to discuss the role of regulation in protecting both the public and the industry's infrastructure.