fca

FCA and Bank of England plan data reforms

The Financial Conduct Authority (FCA) and the Bank of England (Bank) have proposed reforms to develop their data and analytics…

UK’s mortgage prisoners given breather by FCA

The UK’s Financial Conduct Authority (FCA) has proposed amendments to make it easier for “mortgage prisoners” to switch users. The…

FCA urges payday lenders to review lending activities

The UK’s Financial Conduct Authority (FCA) has asked payday lenders to review their lending processes to determine if their creditworthiness…

FCA plans changes in loan-based crowdfunding platforms rules

The UK FCA is set to open a consultation period on the new rules for loan-based crowdfunding platforms following a…

UK fines India’s Canara Bank for money laundering failures

UK’s financial regulatory body Financial Conduct Authority (FCA) has imposed a fine on the UK division of India’s Canara Bank…

FCA calls for overhaul of high-interest lending rules

The UK Financial Conduct Authority (FCA) has proposed a number of radical measures against high-cost credit and bank overdrafts to…

FCA urges banks to leverage new technologies to counter cyber crimes

The UK’s Financial Conduct Authority (FCA) has asked the banks and other financial firms to leverage new technologies to address…

Token secures FCA authorisation

Token, a turnkey open banking platform provider, has secured formal authorisation from the UK’s Financial Conduct Authority (FCA) to provide…

FCA allots £30m for Brexit preparations plans

The UK’s Financial Conduct Authority (FCA) has set aside £30m to cover costs for preparations related to Britain’s departure from…

US and UK regulators to collaborate on fintech innovation

The US Commodity Futures Trading Commission (CFTC) has signed an arrangement with the UK Financial Conduct Authority (FCA) to collaborate…