Source: fca.org.uk
A British regulator is promising “robust action” against cryptocurrency companies violating its advertising rules. That action, the U.K. Financial Conduct Authority (FCA) announced Monday (Feb. 6),...
The U.K.’s financial regulator sent out over 1,800 alerts last year to protect consumers from financial scams. In a Friday (Feb. 3) press release, the...
As European regulators crack down on unlicensed crypto exchanges, gaining approval is proving challenging. Last week, for instance, De Nederlandsche Bank (DNB), the Dutch central...
The U.K.’s consumer watchdog has accused three money transfer firms of price fixing. The Financial Conduct Authority (FCA) alleged in a Wednesday (Jan. 25) news release that Dollar East, Hafiz Bros...
The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. In the first penalty, announced by the U.K.’s Financial Conduct Authority on...
The U.K.’s financial regulator has warned consumers to be wary of Christmas scams. With inflation in the double figures, many in the country are turning...
Challenges in the buy now pay later (BNPL) sector vary from market to market. In countries where credit is traditionally accessed via credit cards, the...
The FCA has fined Santander over 107.7 million pounds ($132.2 million) for AML failures. In announcing the penalty, the Financial Conduct Authority (FCA) said Santander...
After months of debate, the U.K.’s crypto regulatory framework is taking shape. On Wednesday (Dec. 7), the U.K.’s House of Commons debated the Financial Services...