Payouts on UK watchdog’s car finance compensation scheme paused by tribunal
The UK’s financial watchdog has been forced to pause payouts on its £9.1 billion car finance redress scheme,…
UK’s car finance redress scheme faces legal challenge from consumer group
LONDON, April 27 (Reuters) – A British consumer group on Monday said it had filed a legal challenge…
FCA looks to drop annual suitability review requirement for ongoing advice services
In the regulator’s simplified advice consultation released today (25 March), it proposed moving from requirements to offer annual…
UK’s new Payments Forward Plan to help firms ‘plan ahead’ amid raft of initiatives
In the UK, a new Payments Forward Plan has been published, setting out “a clear and coordinated regulatory…
Bizzdesign enters top 20 of UK public sector Tech200
Bizzdesign has entered the top 20 of Tussell’s Tech200 ranking of the fastest-growing technology suppliers to the UK…
Crypto Advocates Urge UK’s FCA to Narrow Regulatory Scope
The DeFi Education Fund (DEF), a Washington, D.C.-based advocacy group, is urging the United Kingdom’s Financial Conduct Authority…
UK Unveils New Affordability Checks for BNPL Customers
The United Kingdom’s financial watchdog announced its new protections for buy now, pay later (BNPL) users. The BNPL…
Wealth management company plunges into administration – no new clients allowed | UK | News
A Basildon-based wealth management company has entered special administration after being declared insolvent. Logic Investments Ltd, which was…
Britain needs ‘AI stress tests’ for financial services, lawmakers say
LONDON, Jan 20 (Reuters) – Britain’s financial watchdogs are not doing enough to stop artificial intelligence from harming…
Ripple’s UK License Quietly Changed XRP’s Positioning
Ripple FCA approval United Kingdom. Photo by BeInCrypto When Ripple announced its new UK approvals from the Financial…