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, more than double the 38 authorised in 2013, according to Bovill, the specialist financial services regulatory consultancy.
HM Treasury have today announced the appointment of Andrew Bailey as the new permanent Chief Executive of the Financial Conduct Authority (FCA).
Student lender Smart-Pig.com has been confirmed as the first trading short term loan company to be authorised by the FCA, on 4th August 2015.
Britain's financial watchdogs have set up a unit designed to help the country's slew of new challenger banks navigate the regulatory waters and win approval to take on the high street giants.
The Financial Conduct Authority (FCA) has today published its first consultation paper on the implementation of the new European Markets in Financial Instruments Directive II (MiFID II) in the UK.
The Financial Conduct Authority (FCA) has fined Threadneedle Asset Management Limited (TAML) £6,038,504 for failing to put in place adequate controls in the fixed income area of its front office, and for providing inaccurate information to the regulator and for failing to correct the inaccurate representation for four months.
Savers with cash accounts will benefit from a new package of measures published today by the Financial Conduct Authority (FCA) designed to improve competition by encouraging easier and quicker switching and improving the information savers receive.
The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may be used to facilitate financial crime.
Following the financial crisis, we recognise that firms have to deal with greater reporting requirements and meet higher regulatory standards.
The UK's Financial Conduct Authority (FCA) says that it sees "no fundamental reason" why the firms it regulates cannot use public cloud services.
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