Financial Conduct Authority

Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

(source: fca.org.uk)

UK’s FCA Announces Proposals, Rules to Strengthen Capital Markets
UK’s FCA Announces Proposals, Rules to Strengthen Capital Markets
July 26, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) proposed new rules on publishing a prospectus, raising capital and regulating secondary markets, and finalized new rules on...

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Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
July 25, 2024  |  Cryptocurrency

Coinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July 25) by the Financial Conduct Authority (FCA), was levied against a...

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BNPL Regulations Revived by New UK Government
BNPL Regulations Revived by New UK Government
July 25, 2024  |  BNPL

Great Britain is reportedly resurrecting plans to regulate buy now, pay later (BNPL) providers. It’s happening under the country’s new Labour leadership, CNBC reported Thursday (July 25),...

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UK Banks Face New Restrictions on Branch Closures
UK Banks Face New Restrictions on Branch Closures
July 24, 2024  |  Bank Regulation

Great Britain’s financial regulator has just made it harder for banks to shutter branches. The Financial Conduct Authority (FCA) published its “access to cash” rules...

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UK’s FCA: Financial Firms Must Improve Treatment of Politicians
UK’s FCA: Financial Firms Must Improve Treatment of Politicians
July 18, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants...

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UK Regulators Investigating Benefits, Risks of Digital Wallets
UK Regulators Investigating Benefits, Risks of Digital Wallets
July 15, 2024  |  Payment Methods

Two United Kingdom regulators have begun gathering information on the benefits and risks of digital wallets for people and businesses. The Payment Systems Regulator (PSR) and Financial...

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Report: Shein Confidentially Files for IPO in London
Report: Shein Confidentially Files for IPO in London
June 24, 2024  |  IPO

Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as...

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Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
Starling Bank Takes Debtors To Court Amid UK Watchdog Probe
June 19, 2024  |  Banking

Starling Bank is reportedly taking several debtors to court amid a U.K. financial watchdog’s investigation. The neobank has filed petitions against 24 companies that have...

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Will Regulators’ Public Shaming Blunt Innovation?
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024  |  Regulation

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a...

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