The UK's Financial Conduct Authority (FCA) has set out rules designed to boost protections for people lending and investing through P2P and crowdfunding platforms.
A new regulator to oversee UK payment systems will be introduced by April 2015. Payment systems make every payment to or from UK consumers possible, by allowing funds to be transferred between people and businesses.
The Financial Conduct Authority (FCA) has confirmed the final rules that will govern the £200bn a year consumer credit market, which includes approximately 50,000 firms, from 1 April 2014.
CoreFiling, the leading developer of XBRL (eXtensible Business Reporting Language) software used by regulators, government agencies and corporates world-wide, have announced that the UK's Financial Conduct Authority (FCA) has chosen CoreFiling's True North® XBRL validator for its EBA (European Banking Authority) reporting requirements and validation of Corep and Finrep filings from the UK financial market.
The Financial Conduct Authority (FCA) has fined Standard Bank PLC (Standard Bank) £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers connected to politically exposed persons (PEPs).
Aquis Exchange, a pan-European trading exchange set up by industry veteran Alasdair Haynes, has received approval from the UK's Financial Conduct Authority (FCA) to begin trading as a multilateral trading facility.
British payday lenders will face limits on how many times they can try to take money out of borrowers' bank accounts, under new Financial Conduct Authority (FCA) rules.
Syntel, a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that it has successfully designed and implemented a strategic test automation framework for the Financial Conduct Authority (FCA), the primary regulator of retail and wholesale financial services in the UK.
Physically settled gas and power forwards that are traded on multilateral trading facilities (MTFs) are 'financial instruments' for the purposes of MiFID, and 'OTC derivatives' or 'OTC derivative contracts' for the purposes of EMIR.
The UK's Financial Conduct Authority (FCA) has published an interim report exploring some early findings of a review into mobile banking services, setting out the possible risks to consumers and areas that firms should consider when developing their services.
© Finextra Research 2014