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

‘Significant’ Number of Crypto Firms Could Fail UK Standards
‘Significant’ Number of Crypto Firms Could Fail UK Standards
October 08, 2023  |  Cryptocurrency

The U.K.’s financial watchdog is launching a crackdown on cryptocurrency companies that violate new standards. The Financial Conduct Authority (FCA) is set to begin updating its warning...

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Report: Revolut Probed Over Transactions From Suspicious Accounts
Report: Revolut Probed Over Transactions From Suspicious Accounts
October 01, 2023  |  Regulation

England’s financial regulator is reportedly examining whether Revolut permitted transactions involving suspicious accounts. Revolut is in discussions with the U.K. Financial Conduct Authority (FCA) over failures that...

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Revolut Granted Permission to Delay Filing 2022 Accounts
Revolut Granted Permission to Delay Filing 2022 Accounts
September 19, 2023  |  Regulation

British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept....

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PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
August 16, 2023  |  Cryptocurrency

PayPal will reportedly place a temporary halt on cryptocurrency sales for its U.K. customers starting from October. This decision comes as the company aims to...

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Klarna Partners With Money Adviser Network to Offer Debt Advice
Klarna Partners With Money Adviser Network to Offer Debt Advice
July 19, 2023  |  Consumer Finance

Klarna has joined forces with the Money Adviser Network (MAN) to enable its customers in the United Kingdom to get fast, free debt advice. The buy now, pay...

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FCA Proposes Consumer Duty on Social Media Financial Product Ads
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023  |  Regulation

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. That crackdown, the Financial Conduct Authority (FCA) announced...

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FCA Debuts ‘Significant Change’ to Crypto Marketing Rules
FCA Debuts ‘Significant Change’ to Crypto Marketing Rules
June 08, 2023  |  Cryptocurrency

Great Britain’s financial watchdog has unveiled what it calls “tough rules” for crypto marketing. The Financial Conduct Authority on Thursday (June 8) announced that companies...

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Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
May 26, 2023  |  Buy Now Pay Later

From Australia, the land that invented buy now, pay later (BNPL) as we now know it, comes news this week that laws are changing to...

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UK Watchdog Warns Banks About Post Office Money Laundering
UK Watchdog Warns Banks About Post Office Money Laundering
April 24, 2023  |  Security & Fraud

The United Kingdom’s financial watchdog wants to stop money laundering through the Post Office, a retail company that provides products and services, including postage stamps...

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