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

Global sandbox accepts first eight firms

The Global Financial Innovation Network (GFIN), a cross-border regulatory sandbox for firms testing innovative financial products, services or business models across multiple jurisdictions, has selected the first eight firms to participate in the programme.

29 April 2019

Company announcement/regulation

Canadian regulators ink cooperation deal with UK's FCA on sandbox initiative

The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Québec and Saskatchewan (participating jurisdictions) today announced a co-operation agreement with the United Kingdom Financial Conduct Authority (FCA).

18 April 2019

News

20|30 collaborates with LSE on test issuance of tokenised equity, raises £3m

Blockchain startup 20|30 has raised £3 million by selling tokenized shares and settling them in a test environment on the LSE’s Turquoise platform.

15 April 2019

Company announcement/regulation

Standard Chartered hammered by FCA/Fed over money laundering

The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business.

09 April 2019

Company announcement/regulation

UK Treasury Committee orders FCA investigation into collapse of P2P lender London Capital & Finance

The Financial Conduct Authority (FCA) Board announces that HM Treasury will direct it to commission an ‘investigation by an independent person into the issues raised by the failure of London Capital & Finance (LC&F)’.

02 April 2019

Company announcement/wholesale

World Federation of Exchanges responds to UK's FCA guidance on cryptoassets

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has responded to the UK’s Financial Conduct Authority (FCA) on its Guidance on Cryptoassets.

29 March 2019

News/regulation

UBS hit with £27.6 million penalty over massive transaction reporting fail

UBS has been fined £27,599,400 by the Financial Conduct Authority (FCA) for failings relating to 135.8 million transaction reports over a ten-year period.

20 March 2019

Company announcement/regulation

FCA sets out reforms for invesment platforms; proposes ban on exit fees

The Financial Conduct Authority (FCA) has today set out a package of measures to help consumers who invest through investment platforms more easily find and switch to the right one for them.

14 March 2019

Company announcement/regulation

FCA chair Randell ponders access to cash conundrums

Speech by Charles Randell, chair, FCA, delivered at the retail Banking Conference 2019 in London.

13 March 2019

Company announcement/regulation

UK regulators host first meeting of Climate Financial Risk Forum

On Friday 8 March, the PRA and FCA hosted the first meeting of the Climate Financial Risk Forum (CFRF).

12 March 2019

News/regulation

Consumers see bitcoin as a 'get rich quick' investment

Consumer interest in cryptocurrencies is generally driven by a 'get rich quick' attitude coupled with only a vague understanding of market dynamics, according to research conducted by the Financial Conduct Authority.

07 March 2019

Company announcement/regulation

FCA names Wanda Goldwag as chair of the Independent Financial Services Consumer Panel

The Financial Conduct Authority (FCA) has today announced the appointment of Wanda Goldwag as the new Chair of the independent Financial Services Consumer Panel.

19 February 2019