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

Data Sharing: The Magic Merchants Need To Smooth The SCA Speed Bumps
Data Sharing: The Magic Merchants Need To Smooth The SCA Speed Bumps
January 22, 2020  |  Regulation

The rollout of PSD2’s Strong Customer Authentication (SCA) has been a bit bumpy, to say the least. A year ago (when the rollout was still...

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UK Regulator Raises Reporting Requirements For Crypto Firms
UK Regulator Raises Reporting Requirements For Crypto Firms
January 16, 2020  |  Cryptocurrency

Across the pond, and on the Continent, the regulatory landscape is shifting for cryptos. Earlier this month, the U.K.’s Financial Conduct Authority (FCA) took the...

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UK Regulator Looks To Expand Open Banking Beyond Banking
UK Regulator Looks To Expand Open Banking Beyond Banking
December 18, 2019  |  Bank Regulation

In the U.K., Open Banking could be expanded soon to allow for data sharing between a much larger range of finance companies, according to the...

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Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019  |  Investments

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days...

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FundingSecure British P2P Lender Faces Collapse
FundingSecure British P2P Lender Faces Collapse
October 24, 2019  |  Loans

U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months....

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Australia Launches Small Business Insolvency Probe
Australia Launches Small Business Insolvency Probe
October 15, 2019  |  B2B Payments

The Australian government will be launching an investigation into insolvency practitioners amid rising criticism and allegations that unfair practices pushed small businesses (SMBs) into collapse....

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Britain Is Considering Banning Crypto-Related Derivatives
Britain Is Considering Banning Crypto-Related Derivatives
October 07, 2019  |  Regulation

Britain is reportedly considering banning the sale of derivatives involved with cryptocurrency assets, such as bitcoin. Reuters is reporting that worldwide crypto exchanges are asking...

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Facebook Lobbied UK For Libra Support Pre-Launch
Facebook Lobbied UK For Libra Support Pre-Launch
September 18, 2019  |  Cryptocurrency

Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. about the proposed...

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Ekata CEO On The SCA Delay And The Future Of Authentication
Ekata CEO On The SCA Delay And The Future Of Authentication
August 14, 2019  |  Authentication

You may have felt it earlier today – a sigh of relief originating from certain parts of the digital payments and commerce industry, a reaction...

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