30 Oct 18 @ 12:58

The FCA says it is looking at a potential ban on the sale of cryptocurrency derivatives based on cryptocurrencies such as Bitcoin, in a move that would make it the... read more

01 Oct 18 @ 10:11

The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... read more

05 Sep 18 @ 14:33

On 1 August 2018, the Financial Conduct Authority (“FCA”) published Consultation Paper 18/21 on ‘General Standards and Communication Rules for the Payment Services and E-Money Sectors’. The consultation closes on... read more

17 Jul 18 @ 09:58

UK regulators are starting to give cryptocurrencies and associated crypto assets their seal of approval. This is significant, not least because it goes against the prevailing wisdom among policymakers around the world... read more

01 Feb 18 @ 09:48

UK card issuers may have to pay up to 14 times more than originally thought to help customers in persistent credit card debt. The Financial Conduct Authority (FCA) has significantly... read more

08 Jun 17 @ 12:44

The UK Financial Conduct Authority (FCA) is proposing new rules to help customers who are in persistent credit card debt. This follows a 2016 study of the UK credit card... read more

08 Jun 17 @ 11:50

The UK Financial Conduct Authority (FCA) has set out measures to tackle fraud on contactless cards which have been reported lost or stolen. In a letter to the treasury select committee,... read more

28 Apr 17 @ 13:16

The FCA says that UK financial institutions have recorded nearly 3m complaints over their products or services in the last six months of 2016. The figures, published on Wednesday, provide a snapshot... read more

03 Apr 17 @ 13:08

The UK’s FCA has set out measures to tackle contactless card fraud on contactless cards which have been reported lost or stolen. In a letter to the Treasury select committee, the... read more

22 Mar 17 @ 08:52

The FCA is investigating the role of British banks in the alleged processing of hundreds of millions of pounds for a Russian money laundering scheme dubbed “the Laundromat” the growing scrutiny... read more

12 Jul 16 @ 10:24

The Financial Conduct Authority is reportedly probing the £2.7bn P2P lending sector for the second time in two years, following widespread calls for tougher regulation of so-called “alternative finance” providers. On Friday,... read more

26 May 15 @ 14:09

The UK has rejected the chance to sign up for new European Banking Authority (EBA) guidelines on online payment security, making the FCA one of only three EU countries to resist... read more

26 Sep 13 @ 12:25

Paul Asare-Archer is head of compliance at Telefonica Financial Services UK, and money laundering reporting officer at Telefonica UK. Paul Asare-Archer has an MBA and a law degree and 13... read more

13 Jul 26 @ 20:06

The UK government has formally designated four of the world’s largest cloud service providers as Critical Third Parties (CTPs), placing them under direct supervision by the country’s financial regulators in... read more

06 May 26 @ 16:43

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a transaction that could value... read more

06 Jun 17 @ 16:57

Atom bank, the UK’s first app-based bank, is reported to be delaying the launch of consumer current accounts until at least 2018. Atoms CEO blames forthcoming regulations that make the UK’s personal banking market too... read more

03 Feb 16 @ 12:42

There has been a sharp rise in the number of e-money providers registered with the Financial Conduct Authority (FCA) over the last two years, with 79 now authorised in total,... read more

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering barriers for banks, fintechs and wallet providers seeking to... read more

11 Oct 26 @ 17:40

Banks and securities firms across the UK and European Union are entering the final year of preparations for the move to T+1 settlement on 11 October 2027, with regulators and... read more

31 May 26 @ 12:57

Efforts to modernise cross-border payments have accelerated significantly following the publication of new findings from Project Agorá, a major international initiative led by the Bank for International Settlements (BIS) and... read more