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Fca Uk - Latest News

FCA Seeks Extended Support For Motor Finance And High Cost Credit Product Customers

The UK's financial regulator is consulting on measures that would extend support to motor finance and high cost credit customers in the same way as those with credit cards, personal loans, mortgages a ... read more

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UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle

The U.K.'s financial regulator has toughened rules on payment companies after Wirecard AG's collapse locked millions of customers out of their accounts. read more

TransferWise obtained a UK license to offer investment products on its platform

The FCA authorized TransferWise to offer investment products in the UK, and it should partner with third-party marketplaces to widen customer reach. read more

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FCA under fire for handling of Wirecard’s collapse in the UK

The FCA ordered firms to temporarily freeze customer accounts linked to Wirecard's UK arm, stranding millions of Britons ... read more

FCA warns PSPs and e-money issuers to improve customer protection

In a ‘Dear CEO’ letter the FCA has set out clear requirements for payment institutions (PIs) and e-money institutions (EMIs) operating within the payment services sector to act on new guidance focused ... read more

Crypto exchange scores regulatory first with trading licence from FCA

Crypto Facilities has been granted a Multilateral Trading Facility licence by the Financial Conduct Authority, which allows it to offer a wider range of products and deal with regulated investors with ... read more

BRIEF-UK watchdog proposes fine and ban for former Worldspreads CEO


FCA Maintains Pressure On Wirecard UK To Resolve Issues - Quick Facts

The FCA said it cannot lift the restrictions imposed on Wirecard UK businesses without reassuring that the firm has been able to satisfy all the concerns. The UK's designated competent authority noted ... read more

Why VW, German peers will rebound faster than French, FCA

Global volumes across all brands owned by the German automaker fell by a quarter in February due to the stringent lockdown imposed by authorities in the group's single largest market. By comparison, ... read more

Kraken subsidiary scores license from UK regulator, opening futures platform to institutional clients

Crypto Facilities, the U.K.-based crypto exchange acquired last year by Kraken, has acquired a license that opens the doors of its derivatives services to institutional investors.The post Kraken ... read more

3.86% of the UK’s adult population currently own cryptocurrencies – Survey

A survey by the Financial Conduct Authority revealed that 3.86% of the UK’s population (1.9 million people) owns digital assets. 3/4th of those who own cryptocurrencies hold under $1,229 in digital ... read more

FCA lifts sanctions on Wirecard UK; US operations up for sale

The Financial Conduct Authority has lifted restrictions imposed on Wirecard UK, enabling the distressed firm to resume operational activity amid fears that a longer suspension could have done ... read more

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