Tag: FCA
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...