Uk Financial Conduct Authority news and trends

UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
Bank Regulation // June 30, 2020

The pandemic has accelerated consumer preferences for contactless payments, leaving merchants scrambling to process higher volumes while remaining compliant with rules for strong customer authentication (SCA). In the latest Merchants Guide To Navigating Global Payment Regulations, Maha El Dimachki, head of payments for the U.K....

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U.K. Treasury Increasing Cryptocurrency Ad Regulations

January 18, 2022
The U.K. Treasury said Tuesday (Jan. 18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. That includes the crypto billboards that have recently been spotted along the London subway system, the report says. “Research suggests that understanding […]