Tag: FCA

FCA to introduce ‘regulatory nursery’ to boost FinTech oversight

The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.

UK Chancellor examines case for new Britcoin digital currency

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.

Thirdfort bags £1.5m to accelerate LegalTech platform development

RegTech startup Thirdfort has snared £1.5m in fundraising as it seeks to ramp up product development.

The UK increases the contactless payments cap to £100

The UK’s Financial Conduct Authority has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.

FCA reminds financial firms of their responsibilities after Brexit

With the UK having pulled out of the EU on New Year's Eve, the nation's financial regulator has reminded companies about the new red tape they must navigate.

The FCA is concerned young investors are taking too much high-risk...

Nearly two thirds of younger investors are taking big risks on their investments, which could significantly impact their lifestyle, according to a report from the FCA.

The Financial Conduct Authority launches campaign to encourage whistleblowing in financial...

The Financial Conduct Authority (FCA) has launched a campaign to encourage individuals in financial services to report potential wrongdoings.

Natwest faces money laundering charges by FCA over cash deposits

The Financial Conduct Authority (FCA) has begun criminal proceedings against banking giant NatWest Group alleging that the company failed to follow anti-money-laundering regulations. The FCA...

Provident Financial faces FCA investigation in home credit division

Doorstep lender Provident Financial said the UK’s financial watchdog Financial Conduct Authority (FCA) is investigating the firm in its consumer credit unit.

The FCA releases annual transparency calculations

The UK’s Financial Conduct Authority (FCA) has released the annual transparency calculations for UK equity and equity-like financial instruments, which will take effect on April 1 2021.

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