Financial Conduct Authority

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

EMEA Daily: Meta to Sell Giphy Following CMA Ruling
EMEA Daily: Meta to Sell Giphy Following CMA Ruling
October 18, 2022  |  emea

Today in Europe, the Middle East and Africa, the U.K’s Competition and Markets authority announced that Meta is set to sell Giphy following the authority’s...

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FCA Enforcement Chief to Step Down
FCA Enforcement Chief to Step Down
October 18, 2022  |  Personnel

The U.K.’s Financial Conduct Authority (FCA) announced Tuesday (Oct. 18) that Mark Steward will be stepping down as the regulator’s executive director of enforcement and...

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FCA: Crypto Firms Denied Licenses Are Re-Applying
FCA: Crypto Firms Denied Licenses Are Re-Applying
September 29, 2022  |  Cryptocurrency

At the Consumer Protection in Financial Services Summit in London Thursday (Sept. 29), Sheldon Mills, executive director for competition and consumers at the U.K.’s Financial...

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EMEA Daily: Last-Mile Delivery Firms Instabox, Budbee to Combine Into Instabee
EMEA Daily: Last-Mile Delivery Firms Instabox, Budbee to Combine Into Instabee
September 19, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, two Swedish delivery firms plan to merge, while Indian AgriTech startup Ninjacart launches a platform...

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UK FCA: FTX Not Recognized to Conduct Business in Region 
UK FCA: FTX Not Recognized to Conduct Business in Region 
September 19, 2022  |  Cryptocurrency

Britain’s top financial regulator is alerting consumers that Sam Bankman-Fried’s cryptocurrency exchange FTX is operating in the U.K. without proper authorization. The Financial Conduct Authority...

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FCA Warning of ‘Misleading’ Ads Stirs Debate About UK BNPL Regulation, Consumer Protections
FCA Warning of ‘Misleading’ Ads Stirs Debate About UK BNPL Regulation, Consumer Protections
August 21, 2022  |  Regulation

The buy now, pay later (BNPL) industry has once again drawn the ire of U.K. regulators. In a press release dated Aug. 19, the U.K.’s...

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Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
July 20, 2022  |  Regulation

The U.K. is credited with launching the first regulatory sandbox in 2016, and since then the concept has spread across the world, with an additional...

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UK Regulator Urges Banks to Treat Small Businesses Better or Face Regulatory Actions 
UK Regulator Urges Banks to Treat Small Businesses Better or Face Regulatory Actions 
July 13, 2022  |  Bank Regulation

The U.K. Financial Conduct Authority (FCA) warned banks that they should provide better service to small and medium-sized enterprises (SMEs) that are struggling with debt,...

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UK Seeks Guidance on New Open Banking Roadmap, Regulator
UK Seeks Guidance on New Open Banking Roadmap, Regulator
June 29, 2022  |  Bank Regulation

Last week, on June 24, the U.K. Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) issued two different statements about the future of...

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