Tag: Financial Conduct Authority (FCA)
FCA locates several banned crypto ATMs in East London
In a wider crackdown on crypto ATMs operating in the UK, the Financial Conduct Authority (FCA) has used its intelligence to locate several sites...
HSBC joins growing list of banks banning credit card crypto purchases
HSBC UK is clamping down on cryptocurrency transactions as the UK is intensifying its rules and regulations surrounding digital assets.
Alongside Nationwide, HSBC will now...
Report: Regulatory loophole leaves business exposed after Revolut account breach
According to an exclusive from the Daily Mail, a loophole within regulations left a Revolut customer as being exposed to fraud - after the...
Payoneer checks out with e-money licence from the FCA
Fintech company Payoneer has been granted an Electronic Money Licence (EMI) by the UK’s Financial Conduct Authority (FCA).
The e-money licence will allow the company...
FCA warns crypto firms to comply with new rules or face...
The UK’s Financial Conduct Authority (FCA) has sent a message to crypto and digital asset firms operating in the UK that if they are...
Three payment firms alleged by the FCA to have fixed money...
The Financial Conduct Authority (FCA) has accused Dollar East Ltd, Hafiz Bros Travel & Money Transfer Ltd, and LCC Trans-Sending Ltd to have fixed...
FCA gives Al Rayan Bank $4mn AML failings fine
A penalty of more than £4mn has been issued to Al Rayan Bank by the FCA in connection to AML control failings.
The regulator detailed...
LHV UK begins SME loan issuing after receiving FCA Annex I...
Banking service provider LHV UK has begun its SME loan lending programme after receiving an Annex I financial institution registration from the Financial Conduct...
TSB Bank fined £46.65M over risk management failures
TSB Bank has been fined a total of £48,650,000 due to failures in its operational risk management and governance procedures relating back to IT...
FCA fines Santander UK £107M over ‘serious and persistent’ AML failures
Santander UK has been hit with a £107M fine from the Financial Conduct Authority (FCA) after the bank was found to have “serious and...
