The Financial Conduct Authority (FCA) today warned that some financial technology (fintech) firms present an ‘unacceptable risk of harm’ to customers and to the broader financial system as a result […]
Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]
During the last decade the UK has become a global leader in financial technology (fintech), attracting a volume of investment that’s second only to the US. Light-touch regulation—meant to help […]
The head of the UK financial services regulator has issued a stark warning about the risks facing retail investors in cryptocurrency, saying that social media channels are amplifying the danger. […]
The UK’s financial services regulator has warned that client money is not safe if held at a cryptoasset firm. The warning came as the Financial Conduct Authority (FCA) announced it […]
Last year’s high-profile insolvency of German fintech giant Wirecard may be followed by more failures among payment firms and electronic money (e-money) institutions (EMIs), the UK financial markets regulator, the […]
Just three UK-based cryptoasset firms have been registered by the UK financial markets regulator in time for its own January 10 deadline, amidst signs the regulator is struggling to process […]
A year after it threatened to ban the sale to retail clients of contracts based on bitcoin and other cryptoassets, the UK’s financial markets regulator has put its words into […]
Earlier this month, the governor of the Bank of England made it clear that customers of electronic money (e-money) firms are less protected against a corporate collapse than customers of […]
The UK’s Financial Conduct Authority (FCA) has signalled an end to the light-touch regulation of payment and electronic money (e-money) firms, which have been at the forefront of the UK’s […]