Tag: FCA
FCA to return £3.42m to victims of unauthorised investment schemes
The Financial Conduct Authority has obtained High Court approval to return £3.42m to compensate victims of a series of unauthorised deposit taking and collective investment schemes.
How the FCA expects financial services to protect vulnerable consumers
The Financial Conduct Authority (FCA) has published its final guidance of its expectations of firms should fairly treat vulnerable customers.
FCA orders Buy2LetCars to halt its operations amidst finance concerns
The UK's top financial markets watchdog has ordered Buy2LetCars and Rent2OwnCars owner Raedex to halt operations.
Open banking firm Yolt Technology Services gets PSD2 license from FCA
Open banking provider Yolt Technology Services (YTS) gets nod for the PSD2 license from the Financial Conduct Authority (FCA) enabling the firm to provide...
Regulator targeted by 80,000 email attacks per month
One of the UK's most influential financial regulators was targeted by 238,711 malicious and unsolicited emails over the final three months of 2020, averaging around 80,000 email attacks per month.
Regulating buy now pay later market is a “logical move” –...
A UK regulator has moved to toughen up the playbook for buy now pay later (BNPL) companies, which has been welcomed by the PwC.
Judge orders unauthorised deposit takers to pay back £676,000
Five defendants facing accusations of unauthorised deposit takings have been ordered by a judge to pay back £675,000 to members of the public, but the case is not over yet.
FCA calls for stricter buy now pay later regulations “to protect...
The buy now pay later sector may have had its best year ever in 2020, but now the UK’s top financial watchdog is calling for stricter rules “to protect consumers”.
Theta Lake has officially launched in the UK
Collaboration security and compliance company Theta Lake has expanded into the UK.
Lanistar faces problems with layoffs, late wages and low employee morale...
Lanistar has been accused of failing to pay its workers on time, suffering from low staff morale, postponing launches, mishandling influencer contracts and of making many employees redundant.
