Fca

The Financial Conduct Authority (FCA) has revealed plans to significantly expand its regional presence, aiming to double the headcount across its Edinburgh and Leeds operations to over 1,000 staff within five years. This expansion supports the regulator's new five-year strategy focused on deepening

The Financial Conduct Authority (FCA) has launched a new 5-year strategy to deepen trust, rebalance risk, support growth and improve lives.  The FCA will focus on four priorities: 

The Financial Conduct Authority (FCA) is exploring potential changes to contactless payment limits in the UK, aiming to benefit consumers, merchants, and economic growth. Families and businesses across the country could benefit from greater choice, flexibility and smoother purchases, under proposals

The Financial Conduct Authority (FCA) has abandoned its controversial proposals to publicly announce investigations into regulated firms, following significant backlash. The regulator will maintain its current policy of only publicising investigations in "exceptional circumstances", a major U-turn f

The Financial Conduct Authority (FCA) has set out steps it will take to improve access to mortgages.  The FCA is reminding lenders of flexibility in its rules, which can help more people access a mortgage. This forms part of the work, announced in January in a letter to the Prime Minister, to r

Edinburgh's Smart Data Foundry has renewed its long-standing collaboration between its synthetic data engine, Aizle, and the Financial Conduct Authority (FCA). The new collaborative agreement, which will run until September 2025, will expand the FCA’s data capabilities, with access to more syn

The Financial Conduct Authority (FCA) has set out proposals to make it easier for listed companies to issue corporate bonds that wealth managers and retail investors can buy.

The Financial Conduct Authority (FCA) has unveiled plans for a new private stock market system, PISCES (The Private Intermittent Securities and Capital Exchange System), aimed at revitalising London's IPO landscape and granting investors easier access to unlisted companies. PISCES will allow investo

The Financial Conduct Authority (FCA) has cautioned MPs against a "race to the bottom" in the pursuit of economic growth. FCA CEO Nikhil Rathi and chairman Ashley Alder addressed the Treasury Committee, emphasising the need for a balanced approach that considers consumer protection and market integr

The Financial Conduct Authority (FCA) has published the second phase of its consultation on proposals for a measured increase in transparency about its enforcement investigations.

Barclays has been fined £40 million by the Financial Conduct Authority (FCA) for failing to disclose payments made to Qatari investors during the 2008 financial crisis. The bank was due to challenge the FCA's decision in court but dropped the appeal at the last minute.

A report by MPs and peers has branded the Financial Conduct Authority (FCA) as "incompetent at best, dishonest at worst". The report, the culmination of a three-year inquiry involving testimony from 175 individuals, highlights the FCA's failure to protect consumers and small businesses from financia

The Financial Conduct Authority (FCA) is seeking feedback on proposals to extend the time firms have to respond to motor finance complaints where a non-discretionary commission arrangement was involved.

The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200. The regulator found that, between June 2016 and December 2020, Metro failed to have the right systems and controls to adequately monitor over 60 million transactions, with a value of over £51 billion, for

The Financial Conduct Authority (FCA) has announced new measures to strengthen the UK's position in the bond, derivatives, and asset management sectors.