UK's FCA criticized by MPs for incompetence and failure to perform, calling for an overhaul.
Minister urges UK financial regulator to rethink naming and shaming' plan
The City minister is challenging the FCA's plan to name and shame firms, considering its potential impact on financial stability.
Starling Bank fined $39 million for 'facilitating financial crime' | TechCrunch
Starling Bank was fined £29 million for inadequate financial crime controls, leading to onboarding high-risk customers despite regulatory warnings.
UK financial watchdog slammed for failed tech transformation
The FCA's technology-driven transformation program has been criticized for its ineffectiveness and failure to resolve longstanding organizational issues.
FCA is incompetent at best, dishonest at worst', claim MPs and peers
The UK's Financial Conduct Authority is criticized as incompetent and opaque, requiring urgent reforms to better protect consumers and tackle financial crime.
Santander UK sets aside 295m for car finance scandal
Santander UK has set aside £295 million for compensating customers affected by mis-sold car loans amid a growing financial controversy.
MPs brand UK financial regulator 'incompetent'
UK's FCA criticized by MPs for incompetence and failure to perform, calling for an overhaul.
Minister urges UK financial regulator to rethink naming and shaming' plan
The City minister is challenging the FCA's plan to name and shame firms, considering its potential impact on financial stability.
Starling Bank fined $39 million for 'facilitating financial crime' | TechCrunch
Starling Bank was fined £29 million for inadequate financial crime controls, leading to onboarding high-risk customers despite regulatory warnings.
UK financial watchdog slammed for failed tech transformation
The FCA's technology-driven transformation program has been criticized for its ineffectiveness and failure to resolve longstanding organizational issues.
FCA is incompetent at best, dishonest at worst', claim MPs and peers
The UK's Financial Conduct Authority is criticized as incompetent and opaque, requiring urgent reforms to better protect consumers and tackle financial crime.
Santander UK sets aside 295m for car finance scandal
Santander UK has set aside £295 million for compensating customers affected by mis-sold car loans amid a growing financial controversy.
UK challenger bank Starling hit with 29 million FCA fine for 'shockingly lax' customer checks
Starling Bank was fined £29 million for insufficient controls against financial crime, exposing the system to risks from criminals and sanctioned individuals.
Starling Bank fined 29m for shockingly lax' financial crime controls
Starling Bank was fined £29 million for insufficient financial crime controls, allowing risks of fraud and money laundering.
UK challenger bank Starling hit with 29 million FCA fine for 'shockingly lax' customer checks
Starling Bank was fined £29 million for insufficient controls against financial crime, exposing the system to risks from criminals and sanctioned individuals.
Starling Bank fined 29m for shockingly lax' financial crime controls
Starling Bank was fined £29 million for insufficient financial crime controls, allowing risks of fraud and money laundering.
UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA issued over 1,000 warnings to unregistered crypto firms for illegal promotions, resulting in the removal of 48 apps from UK app stores.
Bitcoin ETPs Get Approval to List on the London Stock Exchange
The FCA approved WisdomTree to list Bitcoin and Ethereum ETPs on the London Stock Exchange, signaling a shift in regulatory stance towards cryptocurrency.
New UK Rules Cause Consternation for Bitcoiners
New regulations from the British Financial Conduct Authority (FCA) have caused public disapproval
The regulations include quizzes and competency tests on major exchanges, preventing users from accessing their funds
UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA issued over 1,000 warnings to unregistered crypto firms for illegal promotions, resulting in the removal of 48 apps from UK app stores.
Bitcoin ETPs Get Approval to List on the London Stock Exchange
The FCA approved WisdomTree to list Bitcoin and Ethereum ETPs on the London Stock Exchange, signaling a shift in regulatory stance towards cryptocurrency.
New UK Rules Cause Consternation for Bitcoiners
New regulations from the British Financial Conduct Authority (FCA) have caused public disapproval
The regulations include quizzes and competency tests on major exchanges, preventing users from accessing their funds