‘Data-led supervision’: FCA consults on new data requirements for consumer credit firms

[ad_1] UK regulator proposes to collect further data about the consumer credit market On 27 September 2023, the Financial Conduct Authority (FCA) published a consultation paper seeking feedback on the…

PayPal Secures FCA Approval for Crypto Services in UK

[ad_1] PayPal UK Limited has successfully obtained registration with the UK’s Financial Conduct Authority (FCA) as an official crypto service provider. Consequently, this green light from the FCA means that…

Fourteen million UK adults used buy now pay later in six months, the FCA says

[ad_1] Despite not having regulatory oversite, the FCA has pushed for clearer terms in buy now pay later contracts as its research showed 14 million adults, more than a quarter…

FCA decides against expanding access to FOS regime to ‘larger’ UK SMEs

[ad_1] Financial services experts Anthony Harrison and Jonathan Cavill of Pinsent Masons were commenting after the FCA announced that the thresholds for SMEs to access the FOS will remain…

St James’s Place shares dive after FCA fee pressure

[ad_1] Regulators reported to be applying fee pressure  Management says no decision has been taken Shares in wealth manger and financial services provider St James’s Place (STJ) took a 14 per…

FCA censures London Capital & Finance for misleading minibond promotions | Rob Harkavy | CDR Article

[ad_1] The now-insolvent firm receives slap on the wrist but no financial penalty. The UK’s Financial Conduct Authority (FCA) has today censured London Capital & Finance (LCF) for its unfair…

FCA outlines UK retail and wholesale insurance market regulatory priorities

[ad_1] The ‘dear CEO’ letters to retail and wholesale insurers are part of the ‘portfolio’ letters issued by the regulator that set out its insurance market priorities from now…

FCA expects boards to drive good outcomes for insurance customers

[ad_1] Hannah Ross, who specialises in insurance regulation at Pinsent Masons, was commenting after the FCA made clear that it expects board members at UK insurance companies to take…

FCA tells UK firms to bolster financial crime and sanctions controls

[ad_1] Over the past year, the FCA has undertaken an assessment of sanctions compliance systems and controls in more than 90 firms across various UK sectors, including retail and…

FCA chief: Many questions remain around ‘debanking’

[ad_1] Receive free Financial Conduct Authority UK updates We’ll send you a myFT Daily Digest email rounding up the latest Financial Conduct Authority UK news every morning. The writer is…