Financial Conduct Authority (FCA)

713 results about this entity

Period: 02 Sep 2004 - 14 Aug 2024

/regulation

FCA proposes ban on sale of crypto-derivatives to retail consumers

The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets.

/regulation

Speech: FCA's Christoper Woolard on Facebook Libra and stablecoins

Last month, Facebook announced its plans for Libra, the stablecoin it is planning to launch in conjunction with a number of payment and tech firms.

/security

FCA delays introduction of Strong Consumer Authentication rules

Taking its lead from the European Banking Authority, the UK's Financial Conduct Authority has confirmed a delay to the enforcement of stronger payment security standards to give firms more time to prepare.

FCA launches probe into credit referencing market

The Financial Conduct Authority has commenced a probe into the workings of the credit information market, amid concerns that some consumers are not getting a fair shake when applying for loans and credit cards.

UK Treasury moves to stimulate the next wave of fintech innovation

The UK Treasury is to conduct a long-term review of the UK's payments landscape and regulatory framework in order to lay the ground work for a new wave of fintech innovation.

/security

Regulatory bodies from the UK and Singapore to collaborate on cyber security

The Monetary Authority of Singapore (MAS), Bank of England and the Financial Conduct Authority announced today that they would be working together to strengthen cyber security in their financial sectors.

/regulation

FCA clamps down on Buy Now Pay Later products

The Financial Conduct Authority (FCA) today confirmed it will introduce new rules in the Buy Now Pay Later (BNPL) market, saving consumers around £40-60 million a year.

/regulation

FCA confirms new rules for PP platforms

Following consultation, the Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, without stifling innovation in the peer-to-peer (P2P) sector.

/regulation

Raphaels Bank fined £1.89m for outsourcing failures

The UK's Raphaels Bank has been fined £1.89 million for outsourcing failures which left thousands of customers unable to use their payment cards on Christmas Eve 2015.

FCA raises objections to Esma no deal scenario planning for share trading

ESMA has today published a statement on the revised scope of the EU’s share trading obligation (STO) under a no deal scenario, following their initial announcement on 19 March 2019.

Over £27 million reported lost to crypto and forex investment scams

The Financial Conduct Authority is warning the public to be wary of investment scams carried out via bogus online trading platforms, after recording over £27 million lost to fraudsters offering unfeasably high returns on crypto and forex investments.

UK regulators to form post-trade technology working group

UK regulators are to convene an industry-led 'Technology Working Group' to drive reforms in post-trade processing in a bid to encourage innovation, reduce complexity and increase systemic resilience.