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

UK Financial Watchdog Organization Chair to Step Down a Year Early
UK Financial Watchdog Organization Chair to Step Down a Year Early
October 17, 2021  |  International

The leader of the United Kingdom’s financial watchdog organization has said he will step down in spring 2022, a year earlier than expected, The Guardian...

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BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From Regulators
BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From...
August 22, 2021  |  Buy Now Pay Later

Square is planning to purchase buy now, pay later (BNPL) firm Afterpay for $29 billion. It’s a validation of the space, yes, but it also...

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UK’s EPA Chief Says Proposed ‘Consumer Duty’ Mandate Will Backfire, Stifle Innovation
UK’s EPA Chief Says Proposed ‘Consumer Duty’ Mandate Will Backfire, Stifle Innovation
August 13, 2021  |  International

“Notoriously difficult and hard to implement.” That’s the initial feedback from the head of the Emerging Payments Association (EPA), Tony Craddock, on a new set...

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UK Strengthens SPAC Investor Protections
UK Strengthens SPAC Investor Protections
July 27, 2021  |  Regulation

Expect to see the pace of deals across the U.K. involving special purpose acquisition companies (SPACs) pick up significantly later this summer and beyond when...

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Today In Payments Around The World: India Green-Lights SoftBank Investment In Swiggy; TikTok Tops 3B Worldwide Downloads
Today In Payments Around The World: India Green-Lights SoftBank Investment In Swiggy; TikTok Tops 3B...
July 15, 2021  |  International

In today’s top payments news around the world, SoftBank’s Vision Fund II now reportedly has the ability to invest in food delivery platform Swiggy, while...

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UK’s FCA To Bolster Data, Tech Capabilities With $166M Investment
UK’s FCA To Bolster Data, Tech Capabilities With $166M Investment
July 15, 2021  |  International

The U.K.’s Financial Conduct Authority aims to invest 120 million pounds (approximately $166 million) toward “data and technological capabilities” during the three years to come,...

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Binance Users Shut Off From UK Faster Payments Network
Binance Users Shut Off From UK Faster Payments Network
June 28, 2021  |  International

Binance customers using U.K.-based payment system Faster Payments have been locked out, the Financial Times (FT) reported. The news comes just three days after the...

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Bitcoin Daily: Fiserv, NYDIG Team On Crypto Sales; Paraguay University To Take Crypto Payments
Bitcoin Daily: Fiserv, NYDIG Team On Crypto Sales; Paraguay University To Take Crypto Payments
June 23, 2021  |  Bitcoin

An integration between payments provider Fiserv and NYDIG, which works in bitcoin tech and financial services, will enable financial institutions (FIs) to allow consumers to...

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Bitcoin Daily: Circle, Maps.me Team To Expand DeFi Availability; Crypto-Asset Platform Voyager Digital To Pay NASCAR Driver With Crypto
Bitcoin Daily: Circle, Maps.me Team To Expand DeFi Availability; Crypto-Asset Platform Voyager Digital To Pay...
June 17, 2021  |  Bitcoin

Circle, a global FinTech, has partnered with Maps.me to offer access to a decentralized finance (DeFi) ecosystem for consumers using digital currency USD Coin (USDC),...

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