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

UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
November 06, 2023  |  Bank Regulation

Regulators in the U.K. have unveiled their proposals for governing the use of stablecoins. The Bank of England (BOE) and the country’s Financial Conduct Authority (FCA) on Monday (Nov....

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UK Financial Regulator Grants Mangopay E-Money Banking License
UK Financial Regulator Grants Mangopay E-Money Banking License
November 01, 2023  |  Commercial Payments

Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov....

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PayPal Gets Approval to Offer Crypto-Asset Activities in UK
PayPal Gets Approval to Offer Crypto-Asset Activities in UK
November 01, 2023  |  Digital-First Banking

PayPal received approval from the Financial Conduct Authority (FCA) on Tuesday (Oct. 31) to offer crypto-asset activities in the United Kingdom. The FCA has implemented stricter rules on marketing crypto...

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UK BNPL Use Jumps 10% Amid Cost-of-Living Crisis
UK BNPL Use Jumps 10% Amid Cost-of-Living Crisis
October 31, 2023  |  BNPL

England’s cost-of-living crisis has fueled a surge in buy now, pay later (BNPL) use. New research by the country’s Financial Conduct Authority (FCA) shows a 10% increase...

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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Binance UK Partner Blocked From Approving Crypto Ads
Binance UK Partner Blocked From Approving Crypto Ads
October 10, 2023  |  Cryptocurrency

A Binance-affiliated company has run afoul of the U.K.’s new cryptocurrency rules. The Financial Conduct Authority (FCA) issued an alert Tuesday (Oct. 10) saying it was blocking...

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Financial Blockchain Technology Gains Ground While Crypto’s Future Remains Uncertain
Financial Blockchain Technology Gains Ground While Crypto’s Future Remains Uncertain
October 09, 2023  |  Cryptocurrency

Investing in crypto requires having a lot of optimism about crypto. And while blockchain technology still holds the potential to transform global payments, the cryptocurrency ecosystem itself...

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‘Significant’ Number of Crypto Firms Could Fail UK Standards
‘Significant’ Number of Crypto Firms Could Fail UK Standards
October 08, 2023  |  Cryptocurrency

The U.K.’s financial watchdog is launching a crackdown on cryptocurrency companies that violate new standards. The Financial Conduct Authority (FCA) is set to begin updating its warning...

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Report: Revolut Probed Over Transactions From Suspicious Accounts
Report: Revolut Probed Over Transactions From Suspicious Accounts
October 01, 2023  |  Regulation

England’s financial regulator is reportedly examining whether Revolut permitted transactions involving suspicious accounts. Revolut is in discussions with the U.K. Financial Conduct Authority (FCA) over failures that...

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