Financial Conduct Authority (FCA)

815 results about this entity

Period: 02 Sep 2004 - 22 Oct 2025

P2P lenders target UK market ahead of new regulation

The UK could be swamped by P2P lenders after it emerged that more than 100 companies have sought regulatory authorisation while almost 200 are already operating via interim permission from the Financial Conduct Authority (FCA).

UK banks failing to learn lessons from Libor scandal - FCA

The UK's banks have failed to learn the lessons from a wave of scandals over rigging of financial benchmarks says the Financial Conduct Authority in a damning report on the industry's response to evidence of widescale market abuses.

FCA: Firms making good progress in handling unauthorised transactions

Research into how claims are handled for unauthorised transactions (when a payment is made from a consumer’s account without their consent) found that firms are making good efforts to deliver fair outcomes for consumers.

Easing regulation

Victoria Raffe, former Director of Authorisations at FCA speaks about the improved political, regulatory and funding conditions for starting a bank and whether customers will actually be willing to switch to these new institutions.

UK opts out of European online payments security guidelines

The UK is one of just three countries that has declined to sign up to new European guidelines designed to make online payments more secure.

BlueSnap granted EU payment institution license by FCA

Global payment gateway BlueSnap, one of the leading international payment solutions providers for the card-not-present marketplace, announced today that it has been granted a license by the UK Financial Conduct Authority (FCA) as a Payment Institution under the Payment Services Directive.

Merrill slapped with record fine for repeated transaction reporting failures

The Financial Conduct Authority has fined Merrill Lynch a record £13.3 million for repeated breaches of transaction reporting rules.

BNY Mellon fined £126 million for FCA over Cass compliance failings

BNY Mellon (NYSE: BK) today issued the following statement regarding the findings of a U.K. Financial Conduct Authority ("FCA") investigation into compliance with relevant FCA Principles and U.K. Client Asset Sourcebook ("CASS") rules during the period from November 2007 to August 2013:

FCA fines Clydesdale £20 million for PPI complaints mishandling

The Financial Conduct Authority (FCA) has today fined Clydesdale Bank Plc (Clydesdale) £20,678,300 for serious failings in its Payment Protection Insurance (PPI) complaint handling processes between May 2011 and July 2013.

Lack of awareness and confidence hampering UK account switching service

The UK's current account switching service (Cass) has failed to produce a significant increase in the number of people moving banks, according to the Financial Conduct Authority (FCA), which says that a move to full account number portability could prove a more effective approach.

P2P lender RateSetter hires former FSA man Simon Pearse as head of compliance

The UK’s leading peer-to-peer (P2P) lender RateSetter has hired Simon Pearse to join the Company in a new role as Head of Compliance.

FCA to probe investment and corporate banking competition

The Financial Conduct Authority (FCA) is to launch its first wholesale market study into investment and corporate banking to assess whether competition in the sector is working properly.