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

FCA staff revolt over Rathi's transformation programme

The Financial Conduct Authority is facing a workface revolt, with staff resorting to unionisation amid anger over proposed pay cuts and chief executive Nikhil Rathi’s transformation plans.

12 October 2021

News/regulation

FCA to use blockchain to speed up regulatory reporting

The Financial Conduct Authority is working with the Bank of England on a blockchain-based digital regulatory reporting initiative to tackle the growing costs of compliance checks.

23 September 2021

Company announcement/sustainable

FCA to run second phase of digital sandbox pilot with a focus on ESG

We're running a second phase of the Digital Sandbox with The City of London Corporation, to support the testing and development of new products and services in the area of environmental, social, and governance (ESG) data and disclosure.

21 September 2021

News/crypto

Binance announces restructure to assuage regulator concern

Cryptocurrency exchange, Binance, is set to centralise its business structure in the wake of intensifying regulatory concern over the firm’s lack of systemic transparency.

17 September 2021

Company announcement/regulation

FCA sets out plan to tackle investment harm

The consumer investments market accounts for £1.6 trillion held or invested by consumers through the services of over 6,000 wealth managers, advisors and investment platforms.

15 September 2021

Company announcement/sustainable

FCA opens applications for Digital Sandbox's sustainability cohort

Building on the success of the Sandbox's first pilot, the FCA and The City of London Corporation, supported by Innovate Finance, are running a second phase of the Digital Sandbox to support the testing and development of new products and services that will aid the transition to a net zero economy.

07 September 2021

Company announcement/crypto

Coinpass secures FCA approval as crypto-asset business

The team at coinpass are delighted to announce our approval as a registered cryptoassets firm with the UK Financial Conduct Authority (Reference Number 921481).

31 August 2021

Company announcement/regulation

FCA receives 2,754 separate allegations of financial misconduct from whistleblowers

The Financial Conduct Authority (FCA) has received a total of 2,754 separate allegations of misconduct, including fraud, money laundering and compliance complaints, according to official figures.

12 August 2021

Company announcement/regulation

Emerging Payments Association hits out at FCA Consumer Duty proposals

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today published a paper containing the community’s responses to the Financial Conduct Authority (FCA) CP21/13 “A New Consumer Duty” Call for Evidence, highlighting how an additional Consumer Duty would be unlikely to enhance the customer centricity of those payments firms that are not providing sufficient value, while adding compliance and benchmarking costs to those that are already doing so.

03 August 2021

Company announcement/regulation

FCA consults on diversity disclosure rules

The FCA has launched a consultation on proposals to improve transparency for investors on the diversity of listed company boards and their executive management teams.

28 July 2021

Company announcement/regulation

FCA publishes final rules to strengthen investor protections in Spacs

The FCA has published final rules and changes to its Listing Rules for certain special purpose acquisition companies (SPACs).

27 July 2021

News/payments

FCA/PSR: Pockets of vulnerability remain but most UK consumers have reasonable access to cash

Research commissioned by the Financial Conduct Authority and the UK's Payment Systems Regulator finds that - contrary to popular belief - most people have reasonable access to cash through a combination of bank, building society, or Post Office branches and ATMs.

23 July 2021