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UK: FCA targets bank overdraft fees

Bank overdraft fees are to undergo a major shake-up, which the UK financial regulator is calling the biggest overhaul for a generation. Banks and...

UK: FCA cracks down on peer-to-peer investing

The Financial Conduct Authority (FCA) is bringing in new rules to regulate the peer-to-peer sector just a week after crowdfunding marketplace Lendy called in...

UK: Regulator to permanently ban binary options trading

Britain's financial watchdog announced it will permanently ban the sale of complex derivative products to retail customers from Tuesday, April 2, to protect them...

UK: FCA names new Non-Executive Director

Consumer expert Richard Lloyd has been appointed as a Non-Executive Director to the Board of the Financial Conduct Authority (FCA). Richard has held senior roles...

EU: Renault, Nissan, PSA, FCA and JLR face antitrust probe

Renault, Nissan, PSA Group, Fiat Chrysler Automobiles, and Jaguar Land Rover are being investigated by the European Commission for possible antitrust violations on car...

UK: FCA issues its first decision under competition law

The Financial Conduct Authority (FCA) has fined asset management firms Hargreave Hale and RAMAM. The FCA has not imposed a fine on Newton because...

UK: Regulator tightens rules for asset managers

Managers of £4-trillion (US$5.23-trillion) in assets must clearly spell out to customers from May how they measure performance of money invested in their funds,...

UK: Regulators plan “Comprehensive Response” to crypto use

Christopher Woolard of the UK's Financial Conduct Authority (FCA) has indicated that UK regulators are planning a “comprehensive response” to the illicit adoption of...

UK: Tesco Bank faces huge fine from FCA

Tesco's banking arm is facing the Financial Conduct Authority's (FCA)'s biggest-ever cyber attack-related fine two years after its online services were hacked by criminals...

UK: Senior CMA director appointed new FCA Director of Competition

The UK’s Financial Conduct Authority (FCA) has appointed Sheldon Mills as its new Director of Competition. Mills is currently Senior Director, Mergers and State...
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