Financial Conduct Authority (FCA)

746 results about this entity

Period: 02 Sep 2004 - 19 Dec 2024

/regulation

FCA warns of jail time for BNPL bosses over financial promotions

The UK's Financial Conduct Authority is warning BNPL bosses that they could face jail time if they do not stick to stringent financial promotion rules.

/sustainable

FCA to clamp down on greenwashing

In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used.

/regulation

FCA commences study into Big Tech entry into financial services

The UK's Financial Conduct Authority is launching a study on the potential competition benefits and harms from Big Tech firms’ entry into a range of retail financial services sectors.

/retail

FCA toughens stance on bank branch closures

The Financial Conduct Authority (FCA) has set additional expectations for banks that are considering branch or ATM closures.

/crime

25% of consumers vulnerable to scams when withdrawing pension savings - FCA

FCA research has found that a quarter of consumers would consider withdrawing pensions savings to cover cost of living in the current crisis. According to the FCA, this renders consumers vulnerable to ‘misdirection’ scam tactics.

/regulation

FCA’s amendment to the 90 day PSD2 rule comes into effect

The update will further streamline users’ ability to confirm data access for open banking services.

/regulation

UK watchdog warns consumers of dealings with FTX

THE FCA has warned consumers to steer clear of cryptocurrency exchange FTX, which is selling products and services in the UK without authorisation from the regulator.

/regulation

Revolut under pressure over internal audit

Online bank Revolut is facing more questions over its internal controls after it was criticised by a UK regulator for the unacceptably high risk of "material misstatement" in its account auditing.

/retail

UK's bank branch sharing project to be extended

A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.

/regulation

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

/regulation

FCA warns against unlawful BNPL promotion

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

/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.