Tag: UK
FCA begins regulating duties for the claims management industry
The UK’s Financial Conduct Authority (FCA) has begun regulating the claims management industry across England, Wales and Scotland.
FCA fines Goldman Sachs £34.4m for transaction reporting failures
The UK’s Financial Conduct Authority (FCA) has fined Goldman Sachs International £34.3m for failures with transaction reporting.
InsurTech 100 company Wrisk surges past halfway mark for crowdfunding campaign
InsurTech 100 company Wrisk has surged past the halfway mark of its latest crowdfund, having pulled in up to £452,000.
Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International
Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.
The UK’s finance industry prevented a total loss of £1.66bn in...
The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a new study from UK Finance finds.
UK to stay in SEPA following a no-deal Brexit
The European Payments Council Board has accepted an application which will enable UK Payment Service Providers to continue in the Single Euro Payment Area (SEPA) schemes.
Bank of England, FCA sign MoU with EIOPA for the event...
The Bank of England and FCA have formed a memorandum of understanding with European Insurance and Occupational Pensions Authority (EIOPA) and EU insurance supervisors. This...
FCA study finds scale of cryptoasset harm might not be as...
The Financial Conduct Authority (FCA) has released new research around UK consumer attitudes around cryptoassets such as Bitcoin and Ether.
QBE extends partnership with Cytora to boost data-driven capabilities
Insurance company QBE has expanded its relationship with Cytora in a bid to boost its data-driven business insurance capabilities.
Planxis nets £3.2m in minority investment from BGF
UK-based forecasting and regulatory compliance startup Planixs has raised £3.5m in a minority investment from BGF.