FCA
5 articles tagged "FCA"
FCA Launches Partnership to Propel Open Finance Initiatives
The FCA has unveiled a partnership aimed at advancing open finance. This initiative promotes consumer control over personal finance management and supports SME lending.
Transcard Receives FCA Approval for UK Payment Services
Transcard has achieved significant regulatory authorization from the UK's FCA, allowing it to expand its payment services. The approval marks a vital step in the company's global growth strategy and commitment to security.
Starling Bank Fined £29M by FCA for Financial Crime Lapses
The FCA has imposed a £28.96 million fine on Starling Bank for significant failings in its financial crime controls, particularly in sanctions screening. The bank's rapid growth outpaced its compliance capabilities, resulting in major lapses.
Launch of Digital Securities Sandbox by FCA and Bank of England
The FCA and the Bank of England unveil the Digital Securities Sandbox to innovate financial markets using distributed ledger technology, focusing on market integrity and financial stability.
FCA Takes Strong Measures Against Consumer Investment Scams
The FCA has ramped up efforts to combat scams in consumer investments, stopping one in six firms from entering the market. Consumers are urged to invest wisely and be scam-aware.