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

BoE and FCA Favor a Light Touch Approach to AI Regulation
BoE and FCA Favor a Light Touch Approach to AI Regulation
February 21, 2022  |  News

The Bank of England and the Financial Conduct Authority released their final report on the Artificial Intelligence Public-Private Forum, where regulators discussed the benefits and...

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New UK Rules May Require Additional Authentication Measures From Consumers
New UK Rules May Require Additional Authentication Measures From Consumers
February 14, 2022  |  Authentication

After more than a year delay, stricter know your customer (KYC) eCommerce rules are set to take effect in the United Kingdom March 14. The...

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UK’s FCA Pushes BNPL Firms to Update Contract Terms
UK’s FCA Pushes BNPL Firms to Update Contract Terms
February 14, 2022  |  Buy Now Pay Later

As the popularity of buy now, pay later (BNPL) rises, the United Kingdom’s financial regulator is asking these services to amend terms that could hurt...

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Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
Interim Chairs Tapped for FCA, PSR as Randell Plans Early Departure
February 04, 2022  |  Personnel

Richard Lloyd, senior independent director of the Financial Conduct Authority (FCA), will serve as the FCA’s interim chair, and Aidene Walsh will be the interim...

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UK’s FCA Issued $775M in Fines in 2021
UK’s FCA Issued $775M in Fines in 2021
January 17, 2022  |  International

A rise in financial crime fueled by the pandemic led the U.K.’s Financial Conduct Authority (FCA) to issue 568 million British pounds (about $775 million)...

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FCA Deems NYDIG’s Bitcoin Payments App Bottlepay a Cryptoasset Firm
FCA Deems NYDIG’s Bitcoin Payments App Bottlepay a Cryptoasset Firm
January 11, 2022  |  Cryptocurrency

Bitcoin firm NYDIG’s subsidiary Bottlepay, a bitcoin payments app, has been registered by the U.K. Financial Conduct Authority (FCA) as a cryptoasset business, the first...

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EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU Privacy Violations
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European...

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EMEA Daily: UK’s Cazoo Launches in France and Germany; Israeli FinTech Startup Anchor Closes $15M Seed Round
EMEA Daily: UK’s Cazoo Launches in France and Germany; Israeli FinTech Startup Anchor Closes $15M...
December 01, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K.’s Cazoo expands into mainland Europe; Israeli FinTech startup Anchor closes a $15 million...

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EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace
EMEA Daily: UK FinTech Thought Machine Hits $1B Valuation; Flutterwave Launches New Marketplace
November 29, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. FinTech startup Thought Machine raises $200 million at a $1 billion valuation; Flutterwave launches...

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