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

May’s Days See CDD And GDPR Take Effect
May’s Days See CDD And GDPR Take Effect
May 14, 2018  |  Regulation

May 11 marked a watershed moment of sorts when, this past Friday, the final customer due diligence rule via the Financial Crimes Enforcement Network (FinCEN)...

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FCA Draws Ire Of SMBs Mistreated By Big Banks
FCA Draws Ire Of SMBs Mistreated By Big Banks
May 10, 2018  |  Bank Regulation

Britain’s financial watchdog, the Financial Conduct Authority (FCA), has come under attack from former small business owners who have complained about being mistreated by big...

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Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe
Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe
March 26, 2018  |  Regulation

Blockchain at the State Level In legislative news, a bipartisan bill is making its way through Congress that urges government agencies to look into using...

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Global Regulators Work Together On Blueprint For FinTech ‘Sandbox’
Global Regulators Work Together On Blueprint For FinTech ‘Sandbox’
March 20, 2018  |  Financial Inclusion

Regulators from around the world are teaming up to create a blueprint for a global FinTech “sandbox.” According to Reuters, Britain’s Financial Conduct Authority (FCA)...

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Feds File Charges In International Fraud Scheme Involving A Picasso
Feds File Charges In International Fraud Scheme Involving A Picasso
March 02, 2018  |  Security & Fraud

For their alleged roles in a massive stock fraud and money laundering scam involving a Picasso, the U.S. Department of Justice has criminally charged 10...

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UK’s FCA Inks FinTech Collaboration With CFTC
UK’s FCA Inks FinTech Collaboration With CFTC
February 20, 2018  |  Startups

The Financial Conduct Authority (FCA) and the U.S. Commodity Futures Trading Commission (CFTC) announced Monday (Feb. 19) that they had inked a deal to collaborate...

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MPs Slam Finance Watchdog For Omission In RBS SMB Scandal Summary
MPs Slam Finance Watchdog For Omission In RBS SMB Scandal Summary
January 22, 2018  |  B2B Payments

U.K. members of parliament (MPs) say managers at Royal Bank of Scotland (RBS) knew — or, at least, should have known — about alleged mistreatment of small...

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British MP Calls For Action Against Banks’ Small Business Mistreatment
British MP Calls For Action Against Banks’ Small Business Mistreatment
January 09, 2018  |  B2B Payments

A British member of parliament (MP) is calling for the creation of a special tribunal to tackle bankers’ mistreatment of small- and medium-sized businesses (SMBs)...

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FCA Explores How To Include More SMBs In FinServ Protections
FCA Explores How To Include More SMBs In FinServ Protections
November 02, 2017  |  B2B Payments

In business banking news, the U.K.’s Financial Conduct Authority (FCA) plans to propose an extension of its jurisdiction from serving individuals and micro-businesses to also...

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