Financial Conduct Authority (FCA)

742 results about this entity

Period: 02 Sep 2004 - 26 Nov 2024

/ai

NextGen: AI: Finding the right strategies to overcome AI limitations

The first afternoon panel discussed three of the major discussion points when it comes to AI: data, culture, and skills.

/regulation

FCA fines Macquarie Bank for fictitious trades

The FCA has fined the London branch of Macquarie Bank £13 million for "serious failings" that allowed one of its employees to record over 400 fictitious trades.

/regulation

MPs launch excoriating attack on the FCA

An All Party Parliamentary Group (APGG) of UK MPs have branded the FCA as 'incompetent at best, dishonest at worst', in a hard-hitting report that calls for wholesale reforms at the financial watchdog.

/crypto

Crypto ownership continues to rise in the UK

More than one in ten Brits now own cryptocurrency, according to research from the Financial Conduct Authority.

/ai

NextGen: AI – Join Finextra in London next week

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.

/ai

AI adoption in UK FS sector grows but understanding lags

Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.

/regulation

Revolut scores UK trading licence

Revolut has been granted a trading licence by the Financial Conduct Authority, paving the way for the fintech to start offering UK-listed stocks.

/regulation

UK financial watchdogs set out new rules for overseeing critical third party tech providers

UK financial regulators have confirmed new rules to bolster the resilience of technology and other third parties providing key services to financial firms.

/crime

Metro Bank slapped with £16.7 million fine for four-year financial crime lapse

The UK's Financial Conduct Authority has fined Metro Bank £16.7 million for financial crime failings after a new transaction monitoring system implemented in 2016 went on the blink.

/regulation

FCA introduces new transparency rules for bonds and derivatives markets

The FCA has set out a package of measures to reinforce the UK’s leading position in the bond, derivatives and asset management sectors, supporting growth.

/people

Alison Potter appointed as chair of FCA and PSR decision making committees

The FCA and PSR boards have announced the appointment Alison Potter as chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).

/regulation

FCA fines Wise CEO Käärmann £350,000 for breach of senior manager conduct

Wise CEO Kristo Käärmann has been slapped with a £350,000 fine by the FCA for a breach of senior manager conduct relating to his failure to immediately report a default on his tax bill.