Tag: FCA
Brothers imprisoned over P2P investment firm fraud
Two brothers behind British peer-to-peer style investment platform, Collateral, have been sentenced to a combined eight years in prison for fraud and money laundering.
Before...
UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost...
Ghana International Bank fined £5.8 million by UK’s Financial Conduct Authority
Ghana International Bank (GHIB), a bank set up in the City of London by Ghana Commercial Bank in 1959 to finance international trade and...
UK regulator to curb closure of bank branches
The Financial Conduct Authority is planning tougher curbs on bank branch closures, warning that some banks and building societies are not currently doing enough...
UK: FCA takes steps to regulate crypto, lessons for Ghana
The Financial Conduct Authority is on the hunt for a candidate to head a new crypto department that will lead and coordinate the watchdog's...
UK: BNPL firms ordered to refund charges to users following regulator...
The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming...