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

Parliament Blasts Regulators Over Failure to Oversee Financial Services
Parliament Blasts Regulators Over Failure to Oversee Financial Services
February 22, 2022  |  International

Members of Parliament took aim at the United Kingdom’s financial regulatory bodies Monday (Feb. 21), alleging they have failed to combat fraud and accused them...

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FCA Warns Bitpanda Over Trustology Deal
FCA Warns Bitpanda Over Trustology Deal
February 22, 2022  |  Acquisitions

The U.K.’s financial watchdog said it has its eyes on crypto platform Bitpanda’s plan to purchase the British company Trustology and can quash the deal...

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FCA: Crypto Products Less Regulated in UK Than in US
FCA: Crypto Products Less Regulated in UK Than in US
February 18, 2022  |  Cryptocurrency

Last week was an expensive one for BlockFi. The New Jersey-based cryptocurrency lender was fined $100 million by the U.S. Securities and Exchange Commission (SEC)...

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EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M
EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank...
February 14, 2022  |  International

In today’s top Europe, Middle East and Africa news, the U.K.’s Competition and Markets Authority (CMA) fined retailers JD Sports and Footasylum $6 million for sharing commercially...

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UK’s FCA Pushes BNPL Firms to Update Contract Terms
UK’s FCA Pushes BNPL Firms to Update Contract Terms
February 14, 2022  |  Buy Now Pay Later

As the popularity of buy now, pay later (BNPL) rises, the United Kingdom’s financial regulator is asking these services to amend terms that could hurt...

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UK Adds Focus on Growth in Considering Financial Regulation
UK Adds Focus on Growth in Considering Financial Regulation
February 08, 2022  |  Regulation

The British finance ministry is moving forward with its plans to require regulators to consider the financial sector’s global competitiveness when writing rules, even after...

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EMEA Daily: CMA Fines Meta $2M for Violating Initial Enforcement Order; Europe Continues Regulatory Spree with European Chips Act 
EMEA Daily: CMA Fines Meta $2M for Violating Initial Enforcement Order; Europe Continues Regulatory Spree...
February 04, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K.’s competition regulator has fined Meta $2 million for failing to reveal staff departures,...

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Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
February 04, 2022  |  Personnel

Richard Lloyd, senior independent director of the Financial Conduct Authority (FCA), will serve as the FCA’s interim chair, and Aidene Walsh will be the interim...

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FCA Revokes Temporary Permissions Of 4 EU Firms Operating In The UK
FCA Revokes Temporary Permissions Of 4 EU Firms Operating In The UK
January 18, 2022  |  International

The U.K.’s Financial Conduct Authority (FCA) has announced that European firms looking to remain in the temporary permissions regime (TPR) must meet the FCA’s standards...

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