Financial Conduct Authority (FCA)

713 results about this entity

Period: 02 Sep 2004 - 14 Aug 2024

/covid-19

FCA and City Corporation to create digital sandbox for post-pandemic recovery

The Financial Conduct Authority (FCA) and the City of London Corporation are collaborating on the pilot of a ‘digital sandbox’ to support innovative firms tackling challenges caused by the Covid-19 pandemic.

/regulation

Calls grow for FCA to introduce new rules in wake of Wirecard scandal

In the wake of Wirecard's demise, Nigel Verdon, Railsbank co-founder and CEO, has called on the industry and regulators to introduce new provisions for material outsourcers such as card issuing platforms as a further safeguard to protect client money.

/regulation

FCA warns PSPs and e-money issuers to improve customer protection

In a ‘Dear CEO’ letter the FCA has set out clear requirements for payment institutions (PIs) and e-money institutions (EMIs) operating within the payment services sector to act on new guidance focused on customer protection.

/crypto

FCA measures spike in consumer uptake of cryptocurrencies

An estimated 2.6 million UK consumers have bought cryptoassets at some point, new FCA research reveals, almost double the number reported last year.

/regulation

UK payday lender Sunny enters administration

Payday lender Elevate Credit has entered administration in the UK, blaming regulatory haze and the impact of the Covid-19 pandemic.

/payments

FCA lifts sanctions on Wirecard UK; US operations up for sale

The Financial Conduct Authority has lifted restrictions imposed on Wirecard UK, enabling the distressed firm to resume operational activity amid fears that a longer suspension could have done irreparable damage to the country's fintech sector.

/payments

FCA says Wirecard making 'good progress'; fintechs warn of economic catastrophe

Following last week's action by the Financial Conduct Authority to suspend business at Wirecard UK, the watchdog says it has seen good progress by the battered payments processor in meeting conditions for a return to operational activity.

/sustainable

Climate Financial Risk Forum publishes industry guidance

Today the Climate Financial Risk Forum (CFRF) has published a guide written by industry for industry to help firms approach and address climate-related financial risks.

/regulation

Fintechs take flight as FCA freezes customer accounts at Wirecard UK

The UK's Financial Conduct Authority has ordered Wirecard UK to cease all regulated activity after the parent company filed for insolvency in Germany.

/regulation

Firms to prepare for phased move to FCA’s new data collection platform RegData

We are now preparing to gradually move firms across to our new data collection platform, which replaces Gabriel.

/crypto

FCA reminds cryptoasset businesses to register before the end of June

The FCA today reminds businesses which carry out cryptoasset activity in the UK, that they have to be registered with the FCA to comply with new regulations.

/regulation

LSE chief Nikhil Rathi appointed CEO of Financial Conduct Authority

HM Treasury have today announced the appointment of Nikhil Rathi as the new permanent Chief Executive of the Financial Conduct Authority (FCA).