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The FCA enhances customer protection during pandemic with temporary measures

The Financial Conduct Authority (FCA) has unveiled a series of temporary measures to help customers who hold insurance and premium finance products and who...

FCA delays implementation of new authentication regulations

Heightened customer authentication rules have been delayed by The UK's Financial Conduct Authority, as it seeks to deal with economic turbulence caused by the...

The FCA maps out business priorities for COVID recovery

Mapping out its priorities for the year ahead, the Financial Conduct Authority (FCA) has unveiled its business priorities with specific focus on the challenges...

Sunak’s 2020 Budget to address cash access concerns

Presenting his first ‘Spring Statement’ as UK Chancellor of the Exchequer, Rishi Sunak is expected to announce a ‘series of measures’ to protect consumer...

FCA announced as AML supervisor for UK’s cryptoasset activities

The FCA has become the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses carrying out certain cryptoasset activities under the amended Money...

FCA seeks fixed-rate reforms on easy savings accounts

The UK’s Financial Conduct Authority (FCA) has today proposed a fixed % rate amendment further regulating the ‘easy access cash savings’ market and its related incumbents. A...

The FCA explores open finance prospects with Call for Input launch

The Financial Conduct Authority (FCA) is exploring the opportunities presented by so-called ‘open finance’ with the launch of a Call for Input (CfI).  Open finance...

VNX reinforces KYC & AML processes with Sumsub partnership

Luxembourg-based digital asset issuance and trading platform VNX Exchange has partnered KYC/AML regulatory compliance specialist Sumsub to ensure compliance of its service. The move represents...

Jouk Pleiter, Backbase: Moving banking beyond the prison paradigm

Jouk Pleiter (CEO, Backbase) discusses the importance of banks adopting a 'digital-first mindset' in order to remain competitive in this new open banking landscape. Some...

MPs demand more accountability for UK banking failures

The UK Treasury Committee has published a new report investigating the “unacceptable” IT failures in the country’s financial services sector. Described as “unanimously-agreed,” the report...

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