Tag: FCA

Economic uncertainties have seen Western economies grapple with challenges such as high-interest rates, amidst geopolitical issues like the war in Ukraine. This ripple effect has significantly impacted the wealth management sector.

UK mortgage lending startup Perenna has raised $52m within weeks of securing an unrestricted banking licence.

The Financial Conduct Authority (FCA) is taking substantial steps to enhance diversity within the financial services sector.

Qover, a leader in embedded insurance orchestration, has achieved a significant milestone by securing full authorisation from the FCA.

The UK FCA recently unveiled Market Watch 74, a newsletter offering an in-depth look into regulatory concerns.

Ex-Monzo executives, Joss Tasker and Alex Fox, have marked the inception of their latest FinTech venture, Sync Savings. The dynamic duo is setting out to address challenges faced by the UK's cash savings sector, a market that has been in need of innovation for a considerable period.

In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.

Research has found 46% of people do not believe their banks or building societies have their best interests at heart. 

The FCA has revealed its timeline for integrating ISSB's first two standards into UK's sustainability disclosure regulations for public entities.

RegTech firm eFlow Global recently took the opportunity to describe how it can provide solutions to key transaction reporting concerns.