Tag: FCA
The deregulation dilemma: Balancing simplification with financial stability
The term "deregulation" is increasingly prevalent among global policymakers, with a common narrative about cutting through the bureaucratic red tape that supposedly stifles competition. Since the 2008 financial crisis, financial institutions have been operating under a dense regulatory framework designed to mitigate risks and uphold financial stability.
Prudential Regulatory Authority proposes increase in FSCS protection to £110,000
The PRA has announced its proposal to increase the Financial Services Compensation Scheme (FSCS) deposit protection limit from £85,000 to £110,000.
This update, the...
Building a future-proof compliance framework in the financial sector
A robust compliance program is fundamental for any firm in the financial sector, serving as the mainstay of its operational integrity. At the heart of a successful compliance strategy lies a profound comprehension of the firm’s business model and the foresight to adapt to any potential shifts in business practices.
How regulatory change is opening new doors for scalable digital investment...
As the investment services industry braces for a wave of regulatory transformation, a new perspective is emerging—one that views compliance not as a cost centre, but as a catalyst for growth.
FCA unveils new 5-year plan to enhance trust and drive economic...
The FCA has launched an ambitious new 5-year strategy aimed at transforming the landscape of financial regulation in the UK.
Affirm and Adyen strengthen BNPL offerings with UK expansion
Adyen has expanded its partnership with Affirm to bring flexible and transparent payment solutions to the UK market.
FCA and PRA halt advancement of proposed diversity rules in financial...
The FCA and the PRA have decided to abandon their proposed plans to introduce new rules aimed at enhancing diversity and inclusion within the financial services sector.
91% of respondents have adopted AI in prioritising transaction monitoring alerts
600 senior compliance leaders from financial services and fintech firms shared insights on AI adoption in financial crime prevention
91% of firms are...
UK plans to overhaul payment systems oversight amid economic reforms
In a bold move to streamline regulatory oversight and spur economic growth, the UK government is actively considering the abolition of the Payment Systems...
FCA and PSR highlight consumer shift towards digital wallets in recent...
The FCA and PSR have released insights into the burgeoning use of digital wallets in the UK, revealing a dramatic increase in adoption.










