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’s FCA Sees Record Complaints In Latter Half Of 2016
UK’s FCA Sees Record Complaints In Latter Half Of 2016
April 27, 2017  |  International

U.K. consumers lodged 3.04 million complaints in the second half of 2016 concerning financial products. This according to figures published yesterday by the Financial Conduct...

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Brexit Tracker: VC Funding Remains Steady, SMEs Still Confident, FCA Risk Watchlist
Brexit Tracker: VC Funding Remains Steady, SMEs Still Confident, FCA Risk Watchlist
April 18, 2017  |  Brexit

Though Brexit has brought about a lingering air of uncertainty, there are some parts of the economy that are doing their best to remain steady....

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FCA Calls For International Regulatory Framework For Fintechs
FCA Calls For International Regulatory Framework For Fintechs
April 12, 2017  |  Regulation

The UK’s Financial Conduct Authority (FCA) is calling for the creation of an international regulatory framework for FinTech startups to prevent a so-called “Wild West”...

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FCA Proposes New Rules To Help Credit Card Debt Holders
FCA Proposes New Rules To Help Credit Card Debt Holders
April 04, 2017  |  Consumer Finance

The Financial Conduct Authority (FCA) announced Monday (April 3) it is proposing new rules to help customers who have ongoing credit card debt. In a...

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CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
September 20, 2016  |  Regulation

CFO Lending, a U.K. payday lender, was told by the U.K.’s markets regulator that it has to return to customers $44.4 million because of practices that...

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UK Lawmakers Want A New Bank Regulator — Again
UK Lawmakers Want A New Bank Regulator — Again
July 27, 2016  |  B2B Payments

The U.K. Parliament’s Treasury Committee released its report on the effectiveness of the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) this week,...

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Why Banks Are Ditching FinTech SMEs — Without Warning
Why Banks Are Ditching FinTech SMEs — Without Warning
May 25, 2016  |  B2B Payments

Post-financial crisis regulations have forced banks to become more diligent and aggressive against financial fraud, including money laundering. In response to new rules, financial institutions...

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