FCA: “Significantly high” number of crypto firms not meeting AML standards
The UK watchdog has extended application deadlines for firms to seek regulation.
The UK watchdog has extended application deadlines for firms to seek regulation.
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Companies have six weeks to write to their customers.
UK regulator to provide greater help to those willing to come forward.
The bank will appear before Westminster Magistrates’ Court next month.
Bailey did not disclose his hand in creating the Asset Protection Agency.
Stephanie Cohen, Jessica Rusu, Sarah Pritchard, and Emily Sheppard all join the watchdog.
Some 33% admit “most” of their technology is legacy.
A growing number of customers are fleeing Wirex.
The FCA is anxious about the number of citizens who will find themselves in debt.
“Operating without a registration is a criminal offence,” says the FCA.
Payments and e-money firms experienced an 11% decrease in available liquidity.
Firms that have not used their regulatory permissions for the last 12 months are at risk of having it revoked.
Cybercriminals haven’t stopped their activities in 2020.
The UK regulator is one of 23 regulators taking part in the project.
The investigation found that GSI breached a number of FCA and PRA principles and rules.
“Our surveys have shown that younger and BAME consumers have been impacted more than others.”
UK regulator aims to clamp down on products “ill-suited” to the public.
UK regulator wants input on how better to regulate the sector.
It stopped seven of the 14 investigations into money laundering since January.
The complaints commissioner criticises the timing and lack of promotion.
The banking questionnaire covers initiatives that could support the uptake of regtech solutions.
UK watchdog highlights issue with letting users borrow again and again.
Last year, the sandbox recieved a record 99 applications.
UK watchdog says agreements remain “relevant and appropriate”.
UK watchdog allows payments to restart.
This is in response to industry feedback about the Gabriel system over the past three years.
The FCA will extend it to other speculative investments that are hard to trade.
The London branch of the bank dragged up for issues between 2012 and 2017.
The new timeline is 14 September 2021.
How to comply with the legislation and ensure that appropriate safeguards and additional checks are in place.
UK regulator wants a freeze on loan and credit card debt.
We collated a round-up of these notices to assist our readers on COVID-19 updates.
It highlights that this statement does not apply to AIM-listed companies.
This supports the announcements made by the Chancellor last week.
UK watchdog tells investors to be wary of deals too good to be true.
UK watchdog concerned that non-switching consumers are left out of pocket.
UK watchdog calls for input on market use of advanced analytics.
Regulators across the globe issue statements addressing coronavirus precautionary measures.
The bank’s tardiness in notifying affected clients and regulators led to concerns.