FCA data leak branded “embarrassment”, former CEO called for review
Regulator’s former CEO Andrew Bailey called out for “tsunami of failure”.
Regulator’s former CEO Andrew Bailey called out for “tsunami of failure”.
UK watchdog warns of customer risk exposure from flashy fintech firms.
Two non-executive directors join the FCA board.
The regulator is asking banks to explain their 39.99% rates.
The UK financial watchdog has been severely criticised for its lack of oversight of several funds.
The FCA and Bank of England tell industry the time to act is now.
FCA: Competition is not working well for 40 million British customers.
UK regulators outline plans to improve their data handling capabilities.
UK regulator wants industry input on next steps.
A fifth of investment firms are failing to report properly.
UK watchdog has handed out £391 million in fines so far in 2019.
The FCA, PRA and Bank of England have published a paper on operational resilience
ISDA writes letter to FCA asking for greater information on Libor phase-out.
Cécile Sourbes unpacks the process of licensing in the UK.
Diverse hiring practices would help address discrimination by financial technologies.
Behaviors include defecating on the toilet floors and verbally abusing outsourced staff.
Staff must feel able to speak up about their concerns.
FCA ranks bottom among six major EU competent authorities for EMIR data supervision.
The regulator will work on “common standards and product disclosures”.
The regulators found banks are delaying safeguarding precautions.
Watchdog having a deeper look at crypto industry.
Regulator fears the crypto will bypass payment services.
Thousands of customers will receive £6,380.51 each
MiFID II is improving asset managers’ accountability over costs.
This includes ads about its FCA Brexit webpages and a dedicated phone line.
It’s now planning for a full launch and will ultimately offer working capital solutions and cash management.
Chairmans plans to buy 100% of Ipagoo and some assets from its parent software company.
“When things get desperate, banks tend to take more risk.”
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Industry officials see this as the regulator’s last warning.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Companies will have until March 2021 to implement most of the technical requirements.
This was to protect the interests of Ipagoo’s customers.
FNZ acquires GBST, LSE to buy Refinitiv, and more!
To ensure firms know if they are authorised and compliant.
The company hopes to tackle conflicts of interest in the IPO process.
N26 has superhero-landed in the US, new hip bank in Spain, and more!
The first product to market will be a consumer app launching in September 2019.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The regulator believes the products are ill-suited to retail consumers.