Tag: e-money
FCA underscores urgent need for robust control measures in UK payment...
The Financial Conduct Authority (FCA), the UK's principal financial regulator, sent a pointed "Dear CEO" letter on 16 March 2023. Initially, it praised the competition and innovation witnessed in the payment sector. However, this recognition was soon overshadowed by grave concerns.
FCA aims to strengthen e-money regulations
The Financial Conduct Authority has set its sights on tightening up regulation of the e-money sector.