Financial Conduct Authority (FCA) - News, Articles & Research

FCA fines Citi £12.5m for trading oversight failings

The UK's Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity

22 August 2022

News/regulation

FCA warns against unlawful BNPL promotion

The Financial Conduct Authority (FCA) has warned firms against promoting unapproved BNPL products.

19 August 2022

Company announcement/crypto

Crypto.com wins FCA approval

Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has received regulatory approval from the Financial Conduct Authority (FCA) in the United Kingdom (UK) as a cryptoasset business.

17 August 2022

News/regulation

Working group formed to determine the future of UK open banking

UK regulatory bodies have formed a strategic working group (SWG) to map out the future of open banking.

10 August 2022

News/people

FCA recruits for 100 new 'digital delivery' roles in Leeds

The Financial Conduct Authority is fulfilling its promise to extend its physical footprint beyond London, opening an office in Leeds and recruiting for 100 new roles.

03 August 2022

News/regulation

FCA zeroes-in on misleading investment adverts

The Financial Conduct Authority (FCA) has strengthened regulation around high-risk investment adverts targeting consumers.

01 August 2022

News/crypto

Standard Chartered-backed Zodia Market secures FCA registration

The Financial Conduct Authority (FCA) has approved crypto brokerage Zodia Market’s registration application on the UK Financial Services Register, allowing the Standard Chartered-backed business to officially launch.

28 July 2022

News/regulation

FCA overhauls consumer protection with new Consumer Duty

The Financial Conduct Authority (FCA) has confirmed it will roll-out the Consumer Duty, requiring banks and other financial institutions to drastically improve their consumer protection efforts over the next 12 months.

27 July 2022

News/regulation

UK regulators propose supervision measures for critical third parties

A discussion paper from the Bank of England (BofE), Financial Conduct Authority (FCA), and Prudential Regulation Authority (PRA) proposes new standards for monitoring services provided by critical third parties (CTP) to strengthen operational resilience in the UK.

22 July 2022

News/regulation

FCA continues ‘heavy’ tech investment for decision making

In a speech delivered this week by Nikhil Rathi, chief executive of the UK’s Financial Conduct Authority (FCA), to the Peterson Institute of International Economics, Rathi explained that the regulator has “invested heavily in data and technology” to take a more proactive stance and, crucially, spot harm and intervene more quickly and more broadly.

15 July 2022

Company announcement/people

Ashley Alder appointed FCA chair

HM Treasury has today announced the appointment of Ashley Alder as the new Chair of the Financial Conduct Authority (FCA).

08 July 2022

Company announcement/people

FCA appoints Matthew Long as director of payments and digital assets

The Financial Conduct Authority (FCA) has appointed six directors as it expands its headcount to meet a growing remit and to achieve its ambitious strategy, which launched in April. The appointments announced today, which fill a mix of new and existing roles, draw on the FCA’s internal talent and external expertise. They add to the almost 500 new colleagues the FCA will have successfully recruited between January and the end of July this year.

05 July 2022