Tag: Financial Conduct Authorit (FCA)
Lanistar finally secures FCA approval following earlier setback
UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
FCA director reveals the challenges of open finance
Open finance is the next step of open banking, which has already provided transparency and more opportunities in the finance sector. However, it also comes with risks.
European Commission eyeing climate risk stress tests for financial firms
The EU is reportedly looking to introduce climate risk stress tests to force financial firms to raise their protection against global warming.
The “UK financial system has prepared for a disorderly Brexit”, says...
As the Brexit saga continues, a top financial watchdog executive has stated that the British financial service sector is ready for the UK’s divorce...
Regulators must punish traditional and challenger banks harsher to avoid IT...
British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.