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FCA Steps Up Action Against Misleading Financial Adverts
February 7 2025
Nearly 20,000 financial promotions were withdrawn or amended in 2024 following intervention from the FCA […]
Coinbase Obtains VASP Registration in the UK
February 3 2025
Coinbase has obtained its VASP registration in the UK. Issued by the FCA, this will […]
FCA Sets Out Further Proposals to Support Growing Business and Investment Opportunities
January 31 2025
The Financial Conduct Authority (FCA) has set out proposals to make it easier for listed […]
FCA and PSR Set Out Next Steps For Open Banking
January 23 2025
Open banking is a UK success story with over 11.7 million active users and over […]
Rule Changes Proposed by Financial Regulator to Boost Investment
January 3 2025
The Financial Conduct Authority (FCA) has set out plans to simplify the information supplied to […]
FCA Consults on New Private Stock Market
December 17 2024
Proposals for a new platform – The Private Intermittent Securities and Capital Exchange System (PISCES) […]
Clear Street Launches in UK Following FCA Approval, Joins London Metal Exchange
December 4 2024
Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to […]
FCA Finds Crypto Ownership Continues to Rise as It Delivers Plans to Regulate Crypto
November 26 2024
According to the Financial Conduct Authority’s (FCA) latest research on consumer attitudes and behaviours towards […]
FCA Fines Barclays £40 million
November 25 2024
The Financial Conduct Authority (FCA) has fined Barclays £40 million in total for its failure […]
Revolut Trading Granted UK Trading Licence; Now Authorised as an Investment Firm
November 18 2024
Revolut, the global fintech with over 10 million UK customers and over 45 million globally, […]
New Rules to Strengthen Resilience of UK’s Financial Sector
November 13 2024
Financial firms and financial market infrastructures (FMIs), such as payment systems, have become increasingly reliant […]
FCA Fines Metro Bank £16m for Financial Crime Failings
November 12 2024
The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200. Between June 2016 […]
GTN Bolsters European Growth with FCA Authorisation
November 6 2024
GTN, a global fintech redefining investing and trading for all, is proud to announce that […]
FCA Bans Steven Hodgson and Paul Adams for Pension Transfer Advice Failings
October 31 2024
The FCA has banned Steven Hodgson and Paul Adams of Vintage Investment Services (Vintage) from […]
FCA and PSR Boards Appoint New Chair to Decision-Making Committees
October 31 2024
The FCA and PSR Boards have appointed Alison Potter as chair of the FCA’s Regulatory […]
Online Payment Platform (OPP) Expands Its Offering and Obtains EMI License in the UK
October 28 2024
Online Payment Platform Ltd (OPP), a specialised payment service provider for platforms and marketplaces is […]
FCA Fines Kristo Käärmann £350,000 for Failing to Notify the FCA of Significant Tax Issues
October 28 2024
The FCA has fined Mr Käärmann, the CEO of Wise plc and senior manager of […]
FCA Cracks Down on Illegal Finfluencers
October 22 2024
20 finfluencers are being interviewed under caution by the Financial Conduct Authority (FCA), as it […]
SIMEX 24 – a Major Market-Wide Simulation Exercise to Test the UK Financial Sector’s Resilience to a Major Operational Disruption
October 2 2024
The Bank of England, in partnership with UK Finance, the financial sector and the other […]
FCA Fines Starling Bank £29m for Failings in Their Financial Crime Systems and Controls
October 2 2024
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings […]
ComplyCrypto Depository Limited Granted FCA Registration for Cryptoasset Exchange
September 30 2024
ComplyCrypto Depository Limited is pleased to announce that the Financial Conduct Authority (FCA) approved its […]
Proposed New Rules to Better Protect Customers of Payments Firms
September 25 2024
Use of payments firms has grown in recent years, but the FCA says it continues […]
Financial Regulator’s Improved Performance Set to Help UK Finance Sector Thrive
September 5 2024
The Financial Conduct Authority (FCA) has published its Annual Report, which shows significant improvements in […]
FCA Sets Out Steps to Improve Access to Bank Accounts
September 4 2024
In a new report, the Financial Conduct Authority (FCA) encourages account providers to do more […]
FCA Announces Work Into Pure Protection Market
August 28 2024
The Financial Conduct Authority (FCA) intends to launch a market study into how pure protection […]
FCA Calls on Insurers to Ensure They Demonstrate Fair Value and Good Customer Outcomes
August 21 2024
In a report published today, the FCA set out issues with information sharing between insurers […]
FCA Progresses Framework for Driving Long-term Value for Workplace Pension Savers
August 7 2024
Pensions savers stand to benefit from a new proposed framework designed to shift the focus […]
FCA Announces Further Expansion of Leeds Office, Creating More Jobs in the Region
August 7 2024
The Financial Conduct Authority (FCA) is set to base a further 100 of its workforce […]
FCA Sets Out Rules and Proposals to Build Up UK Wholesale Markets
July 26 2024
Proposals for new public offers and admissions to trading regime Key to the package are […]
FCA Takes First Enforcement Action Against Firm Enabling Cryptoasset Trading
July 26 2024
CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for […]
FCA Confirms Plan to Protect Access to Cash for Consumers and Small Businesses
July 23 2024
Banks and building societies will need to weigh up if local communities lack access to […]
FCA Calls on Firms to Improve Treatment of PEPs
July 19 2024
The Financial Conduct Authority (FCA) has told financial firms – including banks, payment firms and […]
PSR and FCA Launch Joint Call for Information on Big Tech and Digital Wallets
July 15 2024
The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) are seeking views on the […]
FCA Overhauls Listing Rules to Boost Growth and Innovation on UK Stock Markets
July 11 2024
In rules published today, the Financial Conduct Authority (FCA) has set out a simplified listings […]
FCA Fines HSBC & Marks and Spencer Financial Services £6.2 Million Over Treatment of Customers in Financial Difficulty
May 23 2024
The Financial Conduct Authority (FCA) has fined HSBC UK Bank plc, HSBC Bank plc and […]
SALT Granted FCA Approval and Gears Up for Summer Launch
May 17 2024
SALT is proud to announce that it has received regulatory approval from the Financial Conduct […]
FCA Confirms Anti-Greenwashing Guidance and Proposes Extending Sustainability Framework
April 23 2024
Ahead of the anti-greenwashing rule coming into force on 31 May, the Financial Conduct Authority […]
Improving Picture for Personal Finances, But Many Still Struggling
April 10 2024
New research from the Financial Conduct Authority (FCA) has found that while many are struggling […]
The Bank of England and the FCA Issue Joint Consultation and Draft Guidance on the Digital Securities Sandbox
April 3 2024
The Bank of England (the Bank) and Financial Conduct Authority (FCA) (collectively the ‘regulators’) are […]
All roads lead to data - Moneyhub gives full support to ‘game changing’ FCA Advice Guidance Boundary Review proposals
March 1 2024
Moneyhub, the leading provider of Open Banking, Open Finance and Financial Wellness solutions to the […]
Landmark CFIT Report Delivers Kalifa Review Recommendations on Open Finance
February 29 2024
The Centre for Finance, Innovation and Technology (CFIT) today publishes a report setting out the […]
Volt granted UK EMI licence from FCA
February 29 2024
Volt, the global real-time payments platform, has secured an Electronic Money Institution (EMI) licence from […]
FCA launches campaign to highlight the benefits of switching to savers
February 27 2024
Consumers will be encouraged to shop around for a better savings rate in a new […]
Enfuce receives EMI licence to boost UK expansion
February 27 2024
Issuer processing powerhouse Enfuce today announces it has secured an Electronic Money Institution (EMI) licence […]
Englebert Joins the Competition by Obtaining Authorization from the FCA
February 19 2024
Englebert, a cutting-edge regulatory services firm with a cumulative experience of over three decades in […]
‘Keep the customers’ money safe’ is the top priority for payment and e-money institutions in the UK - fscom
February 6 2024
The regulator is unlikely to display leniency towards inadequately prepared payments and e-money companies, according […]
Elwood Receives Authorization as a Service Company from UK Financial Conduct Authority
January 24 2024
Elwood Technologies LLP (“Elwood” or “the Company”), a leading software-as-a-service (“SaaS”) platform that provides institutional-grade […]
FCA establishes industry-led working group for financial advisers
January 17 2024
Following its publication in November last year of a package of measures to support the […]
Payhawk successfully obtains an Electronic Money Institution (EMI) licence in the UK and hires seasoned executives
January 17 2024
Payhawk, the global spend management solution, is now a licensed Electronic Money Institution (EMI) in […]
FCA welcomes the launch of industry code of conduct for ESG ratings and data products providers
December 15 2023
The code is owned and maintained by the ICMA. In 2022, the FCA appointed the […]
FCA chief warns severe consequences for lying about ‘debanking’
December 13 2023
Nikhi Rathi, the chief executive of the Financial Conduct Authority (FCA), has warned that banks […]
Moneyhub Granted Credit Information Services Permissions by the Financial Conduct Authority
December 11 2023
Moneyhub, the award winning top 100 global fintech, has been granted permission to provide Credit […]
The Bank of England, PRA and the FCA issue joint proposals to increase resilience of the financial sector by overseeing critical third parties
December 7 2023
The Bank of England (the Bank), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) […]
FCA sets out new rules to maintain access to cash in increasingly digital world
December 7 2023
The Financial Conduct Authority (FCA) has proposed new rules to maintain reasonable access to cash […]
FCA Warns of Risk of Loan Fee Fraud as Almost Two-Thirds of Parents Feel Pressured to Spend Above Their Means at Christmas
December 6 2023
At a time of year when many households feel a festive squeeze on their finances, […]
Crypto.com Receives Authorisation as an Electronic Money Institution from the United Kingdom’s Financial Conduct Authority
December 4 2023
Crypto.com, trusted by more than 80 million customers worldwide and the industry leader in regulatory […]
Sustainability Disclosure and Labelling Regime Confirmed by the FCA
November 28 2023
The FCA has confirmed a substantial package of measures to improve the trust and transparency […]
Klarna receives FCA authorisation to provide regulated payments and credit services
November 23 2023
Klarna, the AI-powered payments network and shopping assistant, has been authorised by the UK’s Financial […]
FCA Selects OneTick to Power Market Surveillance System
November 14 2023
OneMarketData, LLC today announced that the Financial Conduct Authority (FCA) has selected OneTick Surveillance to […]
FCA and Bank of England publish proposals for regulating stablecoins
November 6 2023
The Financial Conduct Authority (FCA) and the Bank of England (the Bank) are today requesting […]
FCA Secures Contract Changes for Buy-Now-Pay-Later Customers as More Consumers Use the Product
October 31 2023
New research from the Financial Conduct Authority (FCA) shows that there has been a significant […]
Viva.com Group obtains UK E-Money Institution authorisation from FCA
October 12 2023
Viva.com Group, a leading European cloud-based neobank, has received E-Money Institution authorisation for its UK […]
Financial Wellbeing Fintech Wagestream Acquires Keebo, to Help Workers Get Access to Credit
October 3 2023
Wagestream, the financial wellbeing provider backed by charities, VCs and BlackRock, has acquired challenger credit card […]
FCA Confirms Leasehold Buildings Insurance Reforms
September 29 2023
The FCA has confirmed new measures to support leaseholders in the multi-occupancy buildings insurance market. […]
The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) Propose Measures to Boost Diversity and Inclusion in Financial Services
September 25 2023
In consultation papers published today, the financial regulators have set out proposals to boost diversity […]
New Screening Checks Required to Approve Financial Adverts
September 12 2023
To help people to make informed decisions to save, invest and borrow with confidence, the […]
Qover secures FCA authorisation license
September 5 2023
Qover, leader in embedded insurance orchestration, proudly announces the successful granting of a Financial Conduct […]
FCA Finds Fund Managers’ Value Assessments Significantly Improved, but Still Work to Do
August 10 2023
In 2017, the FCA published its Asset Management Market Study, which found evidence of weak […]
FCA Urges Consumers to Watch Out for Signs of Loan Fee Fraud as Summer Spending Fuels Financial Pressure
August 9 2023
With summer in full swing, the FCA launches its latest campaign to help consumers spot […]
CFIT starts to deliver on its Kalifa Review mandate
July 13 2023
CFIT, the Centre for Finance, Innovation and Technology, today announced that its initial ‘Open Finance […]
FCA enable firms to provide mortgage breathing space
June 30 2023
The Financial Conduct Authority has moved quickly to make changes to its rulebook to support […]
FCA issues warning to banks over ‘greenwashing’ in sustainable loan market
June 30 2023
Industry watchdog The Financial Conduct Authority (FCA) has written to banks that lend to UK companies […]
Knowledge Bank Turns on Consumer Duty ‘Flag’ for Brokers Doing Criteria Searches
June 14 2023
Knowledge Bank, the UK’s largest and most comprehensive database of lending criteria, today turns on […]
FCA introduces tough new rules for marketing cryptoassets
June 8 2023
Those marketing cryptoassets to UK consumers will need to introduce a cooling-off period for first […]
Joint Regulatory Oversight Committee sets out next steps to help UK open banking grow
June 6 2023
The Joint Regulatory Oversight Committee (JROC) has set out an ambitious programme of work to […]
FCA Grants Agent EMI Licence to PayFuture as It Reaches Major Milestones
June 5 2023
British fintech payments company PayFuture is today announcing it has been granted an agent Electronic […]
FCA Chief Executive Nikhil Rathi meets NI fintech delegation in Belfast
May 26 2023
Financial Conduct Authority Chief Executive Nikhil Rathi has been in Belfast meeting with representatives from […]
FCA Warns of Impending Consumer Duty Deadline
May 10 2023
With fewer than 90 days to go until the start of the Consumer Duty the Financial Conduct Authority […]
UK's Open Banking Roadmap Unveiled: Future Plans & Priorities
April 19 2023
The Joint Regulation Oversight Committee (JROC), a collaboration between the FCA, PSR, HMT, and CMA, […]
New future for open banking as government and regulators confirm Open Banking Limited will continue to lead the expansion of open banking
April 17 2023
This morning, the Joint Regulatory Oversight Committee (JROC), which is made up of HM Treasury, […]
NayaOne selected by FCA to build and operate Digital Sandbox
April 17 2023
London-based company NayaOne has been awarded the highly sought-after Digital Sandbox tender by the Financial […]
FCA Orders WealthTek Limited Liability Partnership to Cease Operations as High Court Appoints Interim Managers and Arrest Made
April 6 2023
The FCA has taken urgent steps with the High Court to successfully appoint Interim Managers (the High Court appointed Shane Crooks, Mark Shaw and Emma Sayers […]
FCA Confirms Help for Mortgage Borrowers Struggling With Payments
March 10 2023
The Financial Conduct Authority (FCA) has confirmed final mortgage guidance, setting out the ways mortgage […]
FCA Takes Further Action Against Unregistered Crypto ATMs in East London
March 8 2023
The Financial Conduct Authority (FCA) has used its powers to inspect several sites in East […]
FCA Seeks Views on Updating Asset Management Regulation
February 20 2023
The Financial Conduct Authority (FCA) is seeking views on what regulatory change might help the UK’s asset management industry innovate, […]
FCA Takes Action Against Unregistered Crypto ATM Operators in Leeds
February 14 2023
The Financial Conduct Authority (FCA) has used its powers to enter and inspect several sites […]
Multiple Pensions Dashboards Already a Reality Says Moneyhub in FCA and PDP Consultation Response
February 6 2023
Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP) […]
Financial Watchdog Blocks Thousands of Misleading Ads
February 3 2023
The Financial Conduct Authority (FCA) required firms to amend or remove 8,582 promotions during 2022 […]
Financial Watchdog Proposes to Ban Debt Packager Referral Fees to Protect Consumers
February 2 2023
The FCA initially consulted on a ban in November 2021 after identifying a lack of adequate […]
Nova Credit Receives Authorisation to Become UK’s First Cross-border Credit Reference Provider
January 19 2023
Nova Credit UK, a wholly owned subsidiary of Nova Credit, has received the requisite scope […]
FCA Penalises Al Rayan Bank PLC for Anti-money Laundering Failures
January 11 2023
The FCA has fined Al Rayan Bank PLC (Al Rayan) £4,023,600 for failing to put […]
LHV UK Starts Issuing SME Loans After Gaining Annex I Registration From the FCA
December 20 2022
LHV UK (or the ‘Company’) announces it will today start issuing Small Medium Enterprise (‘SME’) loans […]
FCA Fines Santander UK £107.7 Million for Repeated Anti-money Laundering Failures
December 9 2022
The FCA has fined Santander UK Plc (Santander) £107,793,300 after it found serious and persistent […]
FCA Urged to Improve Advice on Philanthropy in Financial Services Sector
November 28 2022
The Financial Conduct Authority (FCA) should make philanthropy advice training mandatory for financial advisors and introduce […]
FCA Concerned About Problem Behaviours Linked to Trading App Design
November 21 2022
The Financial Conduct Authority (FCA) has warned stock trading app operators to review design features, […]
FCA Ramps Up Intervention on Rogue Financial Promotions
November 4 2022
Data published today shows that the Financial Conduct Authority (FCA) intervened to amend or withdraw […]
FCA Commits to More Tech Investment to Boost Efficiency and Support Growth
October 31 2022
At the Lord Mayor’s City Banquet at Mansion House, Nikhil Rathi, Chief Executive of the […]
FCA fines Gatehouse Bank £1.5m for poor anti-money laundering checks
October 14 2022
The Financial Conduct Authority (FCA) has fined Gatehouse Bank Plc £1,584,100 for significant weakness in […]
FCA commits to reducing regulatory burden facing UK businesses in the face of recession
September 28 2022
At City and Financial Global’s ‘The Future of UK Financial Services Regulation’ Summit, Sarah Pritchard, […]
Crypto.com Receives Registration Approval as Cryptoasset Business from UK Financial Conduct Authority (FCA)
August 17 2022
Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has received regulatory approval from […]
Ashley Alder appointed FCA chair
July 8 2022
HM Treasury has today announced the appointment of Ashley Alder as the new Chair of […]
FCA further bolsters its leadership team as it expands its headcount
July 5 2022
The Financial Conduct Authority (FCA) has appointed six directors as it expands its headcount to […]
FCA Consultation Paves Way for Mass Synthetic Data Innovation
June 22 2022
Nils Bulling, Head of Strategic Innovation, Ecosystem & Digital Assets at Avaloq, responds to the FCA’s […]
FCA to strengthen protection of access to banking services
June 14 2022
Banks and building societies will need to assess the impact of changes to their services, […]
FCA strengthens consumer protection by speeding up removal of firms that do not use their regulatory permission
May 19 2022
The FCA is to use new powers to more swiftly cancel or change what regulated […]
“Sharing my screen cost me £48,000” – half of investors would miss signs of screen sharing scam as FCA warns of 86% increase
May 5 2022
New research from the FCA has found that nearly half (47%) of investors would fail […]
FCA Review finds weaknesses in challenger banks’ financial crime controls
April 22 2022
A recent review conducted by the Financial Conduct Authority (FCA), and published online today, has […]
FCA doubles down on Anti-Money Laundering commitment, in new three-year Strategy
April 7 2022
The FCA has released a new report unveiling their strategy for the next three years, […]
Novus selected for FCA’s latest ‘Green FinTech Challenge’ initiative
March 17 2022
UK impact neobank Novus has been accepted into an ongoing initiative created by the Financial […]
FCA secures contract changes for buy now pay later customers
February 14 2022
The Financial Conduct Authority (FCA) secures changes to potentially unfair and unclear terms in the […]
FCA fines UK finance firms £568m in 2021, in response to surge in pandemic-charged financial crime
January 17 2022
FCA actions in 2021 resulted in financial organisations in the UK being fined £568 million […]
Revealed: Nearly Three-quarters Of UK Insurance Companies Plan To Increase Premiums In Light Of The New FCA Regulations
January 13 2022
More than three-quarters of businesses (77%) are concerned that they will lose customers following the […]
FCA fines HSBC Bank plc £63.9 Million for Deficient Transaction Monitoring Controls
December 17 2021
The FCA has fined HSBC Bank plc (HSBC) £63,946,800 for failings in its anti-money laundering […]
FCA announces changes to its Executive Committee
December 6 2021
The Financial Conduct Authority (FCA) has appointed Stephen Braviner Roman as General Counsel and as a member of its Executive Committee […]
FCA splashes over £5m on laptops to aid hybrid working
November 26 2021
The Financial Conduct Authority (FCA) has spent over £5 million on new laptops and mobile […]
Financial Conduct Authority signs up to Aiimi Insight Engine
November 12 2021
The Financial Conduct Authority (FCA) regulatory body has selected the Aiimi Insight Engine to deliver its new […]
FCA revamps ESG Strategy to support sustainable future for UK financial sector
November 5 2021
The Financial Conduct Authority has refreshed its ESG (Environment Social and Governance) Strategy, to help […]
Credit Suisse fined £147,190,276 (US$200,664,504) and undertakes to the FCA to forgive US$200 million of Mozambican debt
October 20 2021
The Financial Conduct Authority has fined Credit Suisse over £147 million for serious financial crime […]
FCA issues warning to businesses over hybrid working risks
October 13 2021
The Financial Conduct Authority (FCA) has issued new guidance to companies operating a remote or hybrid […]
FCA sets out plan to tackle investment harm
September 15 2021
The consumer investments market accounts for £1.6 trillion held or invested by consumers through the […]
Bank of England Set Out Plan to Improve Diversity in Regulated Firms
July 7 2021
The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and Bank of England (“the regulators”) […]
EML’s Sentenial Acquisition Receives Financial Conduct Authority (FCA) Approval
June 21 2021
EML Payments Limited (ASX: EML) (S&P/ASX 200) is providing the following update regarding the pending acquisition of […]
FCA Research Reveals Increase in Cryptoasset Ownership
June 17 2021
Research published by the FCA estimates that 2.3 million adults now hold cryptoassets (up from 1.9 million last year). 78% of adults have […]
FCA Sends Thousands of Staff on Cyber and Financial Crime Training Courses
May 18 2021
The Financial Conduct Authority (FCA) has sent 4,430 of its employees on compulsory cyber and […]
FCA Proposes Stronger Protection for Consumers in Financial Markets
May 14 2021
The FCA has today set out plans for a new Consumer Duty, which will set […]
Crypto Firms in the UK Must Submit Annual Financial Crime Reports to the FCA
March 31 2021
Crypto firms in the UK must submit annual financial crime reports to the FCA. Following […]
FCA: Regulated Firms Have Until 31st March to Get SMCR Compliant
March 31 2021
Around 60,000 FCA-regulated firms in the UK will need to be SMCR compliant this week, […]
Lenders Working Hard to Cap Their Refunds and Compensation
March 31 2021
Doorstep lender, Provident, are the latest large firm to try to cap their compensation for […]
FCA Steps Up Action Against Misleading Financial Adverts
February 7 2025
Nearly 20,000 financial promotions were withdrawn or amended in 2024 following intervention from the FCA […]
FCA Fines Barclays £40 million
November 25 2024
The Financial Conduct Authority (FCA) has fined Barclays £40 million in total for its failure […]
New Rules to Strengthen Resilience of UK’s Financial Sector
November 13 2024
Financial firms and financial market infrastructures (FMIs), such as payment systems, have become increasingly reliant […]
FCA Fines Metro Bank £16m for Financial Crime Failings
November 12 2024
The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200. Between June 2016 […]
FCA and PSR Boards Appoint New Chair to Decision-Making Committees
October 31 2024
The FCA and PSR Boards have appointed Alison Potter as chair of the FCA’s Regulatory […]
FCA Fines Kristo Käärmann £350,000 for Failing to Notify the FCA of Significant Tax Issues
October 28 2024
The FCA has fined Mr Käärmann, the CEO of Wise plc and senior manager of […]
FCA Cracks Down on Illegal Finfluencers
October 22 2024
20 finfluencers are being interviewed under caution by the Financial Conduct Authority (FCA), as it […]
SIMEX 24 – a Major Market-Wide Simulation Exercise to Test the UK Financial Sector’s Resilience to a Major Operational Disruption
October 2 2024
The Bank of England, in partnership with UK Finance, the financial sector and the other […]
FCA Fines Starling Bank £29m for Failings in Their Financial Crime Systems and Controls
October 2 2024
The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings […]
Financial Regulator’s Improved Performance Set to Help UK Finance Sector Thrive
September 5 2024
The Financial Conduct Authority (FCA) has published its Annual Report, which shows significant improvements in […]
FCA Sets Out Steps to Improve Access to Bank Accounts
September 4 2024
In a new report, the Financial Conduct Authority (FCA) encourages account providers to do more […]
FCA Progresses Framework for Driving Long-term Value for Workplace Pension Savers
August 7 2024
Pensions savers stand to benefit from a new proposed framework designed to shift the focus […]
FCA Announces Further Expansion of Leeds Office, Creating More Jobs in the Region
August 7 2024
The Financial Conduct Authority (FCA) is set to base a further 100 of its workforce […]
FCA Confirms Plan to Protect Access to Cash for Consumers and Small Businesses
July 23 2024
Banks and building societies will need to weigh up if local communities lack access to […]
FCA Calls on Firms to Improve Treatment of PEPs
July 19 2024
The Financial Conduct Authority (FCA) has told financial firms – including banks, payment firms and […]
FCA Fines HSBC & Marks and Spencer Financial Services £6.2 Million Over Treatment of Customers in Financial Difficulty
May 23 2024
The Financial Conduct Authority (FCA) has fined HSBC UK Bank plc, HSBC Bank plc and […]
SALT Granted FCA Approval and Gears Up for Summer Launch
May 17 2024
SALT is proud to announce that it has received regulatory approval from the Financial Conduct […]
Improving Picture for Personal Finances, But Many Still Struggling
April 10 2024
New research from the Financial Conduct Authority (FCA) has found that while many are struggling […]
All roads lead to data - Moneyhub gives full support to ‘game changing’ FCA Advice Guidance Boundary Review proposals
March 1 2024
Moneyhub, the leading provider of Open Banking, Open Finance and Financial Wellness solutions to the […]
Landmark CFIT Report Delivers Kalifa Review Recommendations on Open Finance
February 29 2024
The Centre for Finance, Innovation and Technology (CFIT) today publishes a report setting out the […]
FCA launches campaign to highlight the benefits of switching to savers
February 27 2024
Consumers will be encouraged to shop around for a better savings rate in a new […]
FCA establishes industry-led working group for financial advisers
January 17 2024
Following its publication in November last year of a package of measures to support the […]
FCA chief warns severe consequences for lying about ‘debanking’
December 13 2023
Nikhi Rathi, the chief executive of the Financial Conduct Authority (FCA), has warned that banks […]
Moneyhub Granted Credit Information Services Permissions by the Financial Conduct Authority
December 11 2023
Moneyhub, the award winning top 100 global fintech, has been granted permission to provide Credit […]
The Bank of England, PRA and the FCA issue joint proposals to increase resilience of the financial sector by overseeing critical third parties
December 7 2023
The Bank of England (the Bank), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) […]
FCA sets out new rules to maintain access to cash in increasingly digital world
December 7 2023
The Financial Conduct Authority (FCA) has proposed new rules to maintain reasonable access to cash […]
FCA Warns of Risk of Loan Fee Fraud as Almost Two-Thirds of Parents Feel Pressured to Spend Above Their Means at Christmas
December 6 2023
At a time of year when many households feel a festive squeeze on their finances, […]
FCA Selects OneTick to Power Market Surveillance System
November 14 2023
OneMarketData, LLC today announced that the Financial Conduct Authority (FCA) has selected OneTick Surveillance to […]
FCA Secures Contract Changes for Buy-Now-Pay-Later Customers as More Consumers Use the Product
October 31 2023
New research from the Financial Conduct Authority (FCA) shows that there has been a significant […]
Viva.com Group obtains UK E-Money Institution authorisation from FCA
October 12 2023
Viva.com Group, a leading European cloud-based neobank, has received E-Money Institution authorisation for its UK […]
Financial Wellbeing Fintech Wagestream Acquires Keebo, to Help Workers Get Access to Credit
October 3 2023
Wagestream, the financial wellbeing provider backed by charities, VCs and BlackRock, has acquired challenger credit card […]
The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) Propose Measures to Boost Diversity and Inclusion in Financial Services
September 25 2023
In consultation papers published today, the financial regulators have set out proposals to boost diversity […]
New Screening Checks Required to Approve Financial Adverts
September 12 2023
To help people to make informed decisions to save, invest and borrow with confidence, the […]
FCA Finds Fund Managers’ Value Assessments Significantly Improved, but Still Work to Do
August 10 2023
In 2017, the FCA published its Asset Management Market Study, which found evidence of weak […]
FCA Urges Consumers to Watch Out for Signs of Loan Fee Fraud as Summer Spending Fuels Financial Pressure
August 9 2023
With summer in full swing, the FCA launches its latest campaign to help consumers spot […]
CFIT starts to deliver on its Kalifa Review mandate
July 13 2023
CFIT, the Centre for Finance, Innovation and Technology, today announced that its initial ‘Open Finance […]
Knowledge Bank Turns on Consumer Duty ‘Flag’ for Brokers Doing Criteria Searches
June 14 2023
Knowledge Bank, the UK’s largest and most comprehensive database of lending criteria, today turns on […]
Joint Regulatory Oversight Committee sets out next steps to help UK open banking grow
June 6 2023
The Joint Regulatory Oversight Committee (JROC) has set out an ambitious programme of work to […]
FCA Grants Agent EMI Licence to PayFuture as It Reaches Major Milestones
June 5 2023
British fintech payments company PayFuture is today announcing it has been granted an agent Electronic […]
FCA Chief Executive Nikhil Rathi meets NI fintech delegation in Belfast
May 26 2023
Financial Conduct Authority Chief Executive Nikhil Rathi has been in Belfast meeting with representatives from […]
FCA Warns of Impending Consumer Duty Deadline
May 10 2023
With fewer than 90 days to go until the start of the Consumer Duty the Financial Conduct Authority […]
UK's Open Banking Roadmap Unveiled: Future Plans & Priorities
April 19 2023
The Joint Regulation Oversight Committee (JROC), a collaboration between the FCA, PSR, HMT, and CMA, […]
New future for open banking as government and regulators confirm Open Banking Limited will continue to lead the expansion of open banking
April 17 2023
This morning, the Joint Regulatory Oversight Committee (JROC), which is made up of HM Treasury, […]
NayaOne selected by FCA to build and operate Digital Sandbox
April 17 2023
London-based company NayaOne has been awarded the highly sought-after Digital Sandbox tender by the Financial […]
FCA Orders WealthTek Limited Liability Partnership to Cease Operations as High Court Appoints Interim Managers and Arrest Made
April 6 2023
The FCA has taken urgent steps with the High Court to successfully appoint Interim Managers (the High Court appointed Shane Crooks, Mark Shaw and Emma Sayers […]
FCA Seeks Views on Updating Asset Management Regulation
February 20 2023
The Financial Conduct Authority (FCA) is seeking views on what regulatory change might help the UK’s asset management industry innovate, […]
Multiple Pensions Dashboards Already a Reality Says Moneyhub in FCA and PDP Consultation Response
February 6 2023
Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP) […]
Financial Watchdog Blocks Thousands of Misleading Ads
February 3 2023
The Financial Conduct Authority (FCA) required firms to amend or remove 8,582 promotions during 2022 […]
Financial Watchdog Proposes to Ban Debt Packager Referral Fees to Protect Consumers
February 2 2023
The FCA initially consulted on a ban in November 2021 after identifying a lack of adequate […]
Nova Credit Receives Authorisation to Become UK’s First Cross-border Credit Reference Provider
January 19 2023
Nova Credit UK, a wholly owned subsidiary of Nova Credit, has received the requisite scope […]
FCA Penalises Al Rayan Bank PLC for Anti-money Laundering Failures
January 11 2023
The FCA has fined Al Rayan Bank PLC (Al Rayan) £4,023,600 for failing to put […]
LHV UK Starts Issuing SME Loans After Gaining Annex I Registration From the FCA
December 20 2022
LHV UK (or the ‘Company’) announces it will today start issuing Small Medium Enterprise (‘SME’) loans […]
FCA Fines Santander UK £107.7 Million for Repeated Anti-money Laundering Failures
December 9 2022
The FCA has fined Santander UK Plc (Santander) £107,793,300 after it found serious and persistent […]
FCA Urged to Improve Advice on Philanthropy in Financial Services Sector
November 28 2022
The Financial Conduct Authority (FCA) should make philanthropy advice training mandatory for financial advisors and introduce […]
FCA Concerned About Problem Behaviours Linked to Trading App Design
November 21 2022
The Financial Conduct Authority (FCA) has warned stock trading app operators to review design features, […]
FCA Ramps Up Intervention on Rogue Financial Promotions
November 4 2022
Data published today shows that the Financial Conduct Authority (FCA) intervened to amend or withdraw […]
FCA Commits to More Tech Investment to Boost Efficiency and Support Growth
October 31 2022
At the Lord Mayor’s City Banquet at Mansion House, Nikhil Rathi, Chief Executive of the […]
FCA fines Gatehouse Bank £1.5m for poor anti-money laundering checks
October 14 2022
The Financial Conduct Authority (FCA) has fined Gatehouse Bank Plc £1,584,100 for significant weakness in […]
FCA commits to reducing regulatory burden facing UK businesses in the face of recession
September 28 2022
At City and Financial Global’s ‘The Future of UK Financial Services Regulation’ Summit, Sarah Pritchard, […]
Ashley Alder appointed FCA chair
July 8 2022
HM Treasury has today announced the appointment of Ashley Alder as the new Chair of […]
FCA further bolsters its leadership team as it expands its headcount
July 5 2022
The Financial Conduct Authority (FCA) has appointed six directors as it expands its headcount to […]
FCA Consultation Paves Way for Mass Synthetic Data Innovation
June 22 2022
Nils Bulling, Head of Strategic Innovation, Ecosystem & Digital Assets at Avaloq, responds to the FCA’s […]
FCA to strengthen protection of access to banking services
June 14 2022
Banks and building societies will need to assess the impact of changes to their services, […]
FCA strengthens consumer protection by speeding up removal of firms that do not use their regulatory permission
May 19 2022
The FCA is to use new powers to more swiftly cancel or change what regulated […]
“Sharing my screen cost me £48,000” – half of investors would miss signs of screen sharing scam as FCA warns of 86% increase
May 5 2022
New research from the FCA has found that nearly half (47%) of investors would fail […]
FCA Review finds weaknesses in challenger banks’ financial crime controls
April 22 2022
A recent review conducted by the Financial Conduct Authority (FCA), and published online today, has […]
FCA doubles down on Anti-Money Laundering commitment, in new three-year Strategy
April 7 2022
The FCA has released a new report unveiling their strategy for the next three years, […]
Novus selected for FCA’s latest ‘Green FinTech Challenge’ initiative
March 17 2022
UK impact neobank Novus has been accepted into an ongoing initiative created by the Financial […]
FCA fines UK finance firms £568m in 2021, in response to surge in pandemic-charged financial crime
January 17 2022
FCA actions in 2021 resulted in financial organisations in the UK being fined £568 million […]
FCA fines HSBC Bank plc £63.9 Million for Deficient Transaction Monitoring Controls
December 17 2021
The FCA has fined HSBC Bank plc (HSBC) £63,946,800 for failings in its anti-money laundering […]
FCA announces changes to its Executive Committee
December 6 2021
The Financial Conduct Authority (FCA) has appointed Stephen Braviner Roman as General Counsel and as a member of its Executive Committee […]
FCA splashes over £5m on laptops to aid hybrid working
November 26 2021
The Financial Conduct Authority (FCA) has spent over £5 million on new laptops and mobile […]
Financial Conduct Authority signs up to Aiimi Insight Engine
November 12 2021
The Financial Conduct Authority (FCA) regulatory body has selected the Aiimi Insight Engine to deliver its new […]
Credit Suisse fined £147,190,276 (US$200,664,504) and undertakes to the FCA to forgive US$200 million of Mozambican debt
October 20 2021
The Financial Conduct Authority has fined Credit Suisse over £147 million for serious financial crime […]
FCA issues warning to businesses over hybrid working risks
October 13 2021
The Financial Conduct Authority (FCA) has issued new guidance to companies operating a remote or hybrid […]
FCA sets out plan to tackle investment harm
September 15 2021
The consumer investments market accounts for £1.6 trillion held or invested by consumers through the […]
