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#financial-regulation
UK news
fromwww.theguardian.com
4 months ago

Financial watchdog scraps plan to name and shame' UK firms under investigation

FCA won't proceed with public naming of firms under investigation due to lack of consensus and governmental pressure.
UK politics
fromwww.theguardian.com
4 months ago

Peers working for City firms dominate Lords panel scrutinising financial sector

The new Lords committee on financial services regulation may have conflicts of interest due to its members' ties to the industry.
Miscellaneous
fromTheregister
8 months ago

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.
UK news
fromwww.theguardian.com
4 months ago

Financial watchdog scraps plan to name and shame' UK firms under investigation

FCA won't proceed with public naming of firms under investigation due to lack of consensus and governmental pressure.
UK politics
fromwww.theguardian.com
4 months ago

Peers working for City firms dominate Lords panel scrutinising financial sector

The new Lords committee on financial services regulation may have conflicts of interest due to its members' ties to the industry.
more#financial-regulation
fromwww.theguardian.com
3 weeks ago

Monzo fined 21m after customers used No 10 and Buckingham Palace as addresses

Monzo's financial crime controls were so inadequate that customers registered with implausible addresses, such as Buckingham Palace and 10 Downing Street, without detection.
Digital life
Relationships
fromwww.theguardian.com
1 month ago

High flyer to pariah: the saga of Epstein-linked banker Jes Staley

Jes Staley's association with Jeffrey Epstein ultimately led to his career downfall after revelations of Epstein's criminal activities became public.
fromDatabreaches
1 month ago

Slapped wrists for Financial Conduct Authority staff who emailed work data home

Four FCA employees received warnings for sending regulatory data to personal accounts, highlighting serious data security concerns.
fromBusiness Matters
3 months ago

UK considers banning bitcoin purchases on credit cards to prevent debt spiral

"We are exploring whether it would be appropriate to restrict firms from accepting credit as a means for consumers to buy cryptoassets."
Cryptocurrency
fromwww.theguardian.com
3 months ago

Meta slowest to remove scam content, says City watchdog

Meta is significantly slower than other platforms in addressing financial scam content.
The FCA highlights the need for faster action against finfluencers promoting scams.
#car-finance
Cars
fromBusiness Matters
4 months ago

Car finance mis-selling: millions set to receive automatic compensation

FCA plans automatic payouts for motorists affected by car finance mis-selling, eliminating the need for individual claims.
more#car-finance
fromBusiness Matters
4 months ago

FCA says motor finance compensation ruling 'goes too far' as lenders face 44bn claims risk

The sweeping approach of the Court of Appeal in effectively treating motor-dealer brokers as owing fiduciary duties to consumers in the generality of cases goes too far.
Cars
fromTheregister
4 months ago

UK's FCA splashes 12.3M on Workday software 'enhancements'

The UK's Financial Conduct Authority has entered a £12.3 million deal with Cognizant to enhance its existing Workday HR and finance system over five years.
Privacy professionals
UK politics
fromwww.bbc.com
4 months ago

'I could lose 100K despite Woodford redress scheme'

Investors affected by the Woodford Equity Income Fund collapse feel failed by the FCA and demand further investigation into their losses.
fromwww.theguardian.com
4 months ago

Timid FCA has retreated too far on its name and shame' proposals

"The Financial Conduct Authority's proposals aimed at greater openness faced intense backlash from City firms, resulting in a retreat to the old exceptional circumstances rule."
UK politics
UK news
fromwww.theguardian.com
4 months ago

Prince Andrew was told Epstein saw Staley as close friend, court hears

Epstein viewed Jes Staley as akin to family, contradicting Staley's statements about their relationship.
fromwww.theargus.co.uk
4 months ago

Martin Lewis: 'huge news' for millions of motorists due compensation

'The FCA has just put out a statement saying it will consult on 'an industry-wide redress scheme.' Now, consult' is mostly technical, this really means its made up its mind.'
London startup
fromLondon Business News | Londonlovesbusiness.com
4 months ago

FCA risks opening the floodgates 'to riskier lending and systemic instability' - London Business News | Londonlovesbusiness.com

FCA's upcoming consultation on stress testing aims to simplify mortgage rules and improve affordability while addressing borrowers' risks.
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