Latest News
Add a short description for your blog.
FCA bares teeth – Tesco Bank fined £16.4m over “avoidable” cyber attack
The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that...
The FCA: Level playing field or more enforcement?
On 1 August 2018, the Financial Conduct Authority (“FCA”) published Consultation Paper 18/21 on ‘General Standards and Communication Rules for...
FCA approval? Are cryptocurrencies going mainstream?
UK regulators are starting to give cryptocurrencies and associated crypto assets their seal of approval. This is significant, not least because it...
Atom bank cites regulatory uncertainty – postpones current account launch
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...
Complaints to FCA against UK finance groups hits 5-year high
The FCA says that UK financial institutions have recorded nearly 3m complaints over their products or services in the last six months...
FCA investigate British banks‘ role in Russian money laundering scheme “Laundromat”
The FCA is investigating the role of British banks in the alleged processing of hundreds of millions of pounds for a...
Number of UK e-money providers more than doubles over two years
There has been a sharp rise in the number of e-money providers registered with the Financial Conduct Authority (FCA) over...