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)

PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
August 16, 2023  |  Cryptocurrency

PayPal will reportedly place a temporary halt on cryptocurrency sales for its U.K. customers starting from October. This decision comes as the company aims to...

READ MORE >
Klarna Partners With Money Adviser Network to Offer Debt Advice
Klarna Partners With Money Adviser Network to Offer Debt Advice
July 19, 2023  |  Consumer Finance

Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. The buy now, pay...

READ MORE >
FCA Proposes Consumer Duty on Social Media Financial Product Ads
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023  |  Regulation

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. That crackdown, the Financial Conduct Authority (FCA) announced...

READ MORE >
FCA Debuts ‘Significant Change’ to Crypto Marketing Rules
FCA Debuts ‘Significant Change’ to Crypto Marketing Rules
June 08, 2023  |  Cryptocurrency

Great Britain’s financial watchdog has unveiled what it calls “tough rules” for crypto marketing. The Financial Conduct Authority on Thursday (June 8) announced that companies...

READ MORE >
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
March 17, 2023  |  Regulation

A United Kingdom regulator has cautioned payments firms that it expects their controls to be “sufficiently robust.” The Financial Conduct Authority (FCA) sent a letter...

READ MORE >
Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
Ongoing Crypto Crackdown Foreshadows Industry’s Uncertain Future
March 03, 2023  |  Cryptocurrency

The cryptocurrency sector has yet to pull the proverbial magic rabbit from its top hat. The audience, having purchased tickets to the show, are now...

READ MORE >
UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
February 21, 2023  |  Regulation

A British regulator has told eMoney firms that they need to change some practices. Financial Conduct Authority (FCA) Director of Payment and Digital Assets Matthew...

READ MORE >
Payoneer Adds UK License to Its Global Regulatory Approvals
Payoneer Adds UK License to Its Global Regulatory Approvals
February 17, 2023  |  Digital Payments

Payoneer has received another license as it aims to extend its services around the world. The FinTech company said in a Friday (Feb. 17) press...

READ MORE >
UK Edges Closer to BNPL Regulation as Consultation Kicks Off
UK Edges Closer to BNPL Regulation as Consultation Kicks Off
February 15, 2023  |  BNPL

The U.K. has launched a long-awaited consultation aimed at regulating the BNPL sector. The eight-week consultation, which started Tuesday (Feb. 14) and was announced by...

READ MORE >