Tag: FCA

The FCA has imposed a hefty £28.96m fine on Starling Bank for what it described as "shockingly lax" financial crime controls.

AML encompasses the regulations and procedures that regulated entities employ to prevent the conversion of illicit funds into seemingly legitimate income.

The UK's financial services sector is set to reap significant benefits from the FCA's enhanced performance in its authorisation processes.

The FCA is urging banks, building societies, and payment firms to enhance their efforts in making basic bank accounts more accessible.

The Consumer Duty, introduced by the FCA, has notably heightened consumer protection standards within the financial services sector. According to FullCircl, as we passed...

The FCA has recently completed its review on how PEPs, including Members of Parliament, public servants, and their relatives and close associates (RCAs), are handled by financial services.

The FCA has initiated a comprehensive review to simplify the regulatory framework governing the UK's financial services. This strategic move is set to reduce...

The FCA has recently unveiled a comprehensive strategy aimed at enhancing the structure and efficiency of the UK's capital markets. This strategic update includes...

In an effort to ensure sustained access to cash, the FCA has introduced a set of new regulations aimed at banks and building societies.

The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence of digital wallets on both consumers and businesses in the UK.