Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) — announced Thursday (Dec. 7) they are reviewing rules that would cover services provided by “critical...
Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. The digital banking services provider has encountered various challenges and delays in its regulatory journey, but remains committed to close collaboration with regulators and maintains hope for eventual license approval, the...
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. 13, but Revolut has received an extension, Reuters reported Tuesday (Sept. 19). The company will announce the audit and annual report at...
British FinTech Revolut could be a step closer to getting its U.K. banking license. The company this week is expected to sign off on its 2021 financial accounts as part of an audit, a Revolut spokesperson told PYMNTS Sunday (Feb. 19). “Our accounts are finalized...
December 07, 2023
Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) — announced Thursday (Dec. 7) they are reviewing rules that would cover services provided by “critical third parties” (CTPs) to the financial sector. These third parties […]
October 22, 2023
Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. The digital banking services provider has encountered various challenges and delays in its regulatory journey, but...
September 19, 2023
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. 13, but Revolut has received...
February 19, 2023
British FinTech Revolut could be a step closer to getting its U.K. banking license. The company this week is expected to sign off on its 2021 financial accounts as part...
