Elephants Don’t Forget: FCA Enforcement Puts ‘Inadequacy of Staff Training’ Under the Microscope
Analysing why organisations will have to start re-evaluating their #compliance programmes following @TheFCA enforcement, we hear from @clever_nelly...
Search Results for: FCA
The Red Flags of Investment Scams Are Becoming More Obvious; FCA Puts Forward
by Tyler Pathe
Investors who trusted their gut instinct when confronted by a dubious bad actor prevented over a third of investment scams during 2022 as @TheFCA research...
The FCA Backs STAR Initiative for Consumer Duty Accreditation
by Tyler Pathe
Recent correspondence between industry executives and @theFCA confirms the UK financial watchdog's support of @STAR_Transfers in delivering the highlight-anticipated #consumerduty....
FCA’s executive director for consumers and competition, Sheldon Mills
Sheldon Mills, executive director for consumers and competition, FCA...
FCA Appoints Fintech & Regtech Advisors to Speed Up Innovation
The Financial Conduct Authority (FCA) has enlisted the help of industry experts to help drive innovation in the fintech and regtech sectors. The UK’s financial...
The FCA Issues Stringent Guidelines for Cryptoasset Applications Amid High Rejection Rate
by Tyler Pathe
Of the 265 cryptoasset applications received by the @TheFCA since January 2020, only 41 were given the green light; leading the UK watchdog to issue...
The FCA Raises Concerns Over Consumer Duty Implementation With January Review
by Tyler Pathe
With just a short six months to go until the deadline, @TheFCA's latest review of its #consumerduty regulation causes concern around the preparedness of firms...
Nova Credit Approved by FCA to Launch Nova Passport Service in UK
Through its #NovaPassport technology, @nova_credit intends to make it easier, faster, and more equitable for #immigrants living in the UK to access #credit products and...
FCA and PRA Fine TSB £48.65million for Operational Resilience Failings
Not two weeks after @Santanderuk was fined by the @TheFCA for #AML failures, another #highstreetbank, @TSB, has faced the wrath of the UK regulator for...
Santander Becomes Latest High-Street Bank Fined By FCA for AML Failures
In the last 5 years, @Santanderuk failed to properly oversee and manage its #AML systems. This significantly impacted the account oversight of more than 560,000...