Tag: FCA
FCA launches sustainability group aiming to revolutionise financial advice
The FCA is spearheading an initiative by establishing an industry-led working group focused on bolstering capabilities in sustainable finance.
UK dominates European InsurTech deals in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
UK FinTech investment in Q4 2023 reaches $1.4bn more than previous...
Key UK FinTech investment stats in Q4 2023:
• UK FinTech deal activity totalled at 72 deals a 56% reduction from Q4 2022
• UK FinTech...
OneID receives full certification for KYC and AML use cases
OneID, the UK's leading digital identity service, has reached a new milestone in the field of Identity Verification for Know Your Customer (KYC) and Anti-Money Laundering (AML).
ICMA and IRSG introduce new ESG code of conduct
The ICMA and the IRSG, known for their influential roles in the financial sector, have made a significant move in the realm of ESG.
The rise of money mules in UK fraud: Prevention and detection
Fraud in the UK has become a significant concern, with 40% of crimes being fraudulent. Money muling is at the forefront, where fraudsters utilise synthetic or real mule accounts for financial gain. The UK government, recognizing the seriousness, plans to publish an action plan to combat this issue.
FCA unveils new sustainability disclosure rules and labelling regime
The FCA has announced a comprehensive set of measures aimed at enhancing the sustainable investment sector.
FCA calls for evidence on data asymmetry and market dynamics
The FCA has initiated an inquiry into the data asymmetry between technology companies and traditional financial services firms.
Lithuanian FinTech PAYSTRAX launches in UK
Lithuanian FinTech PAYSTRAX has launched in the UK having received its Payment Institution License from the Financial Conduct Authority (FCA).
OneMarketData links with UK’s FCA for advanced market surveillance
The UK's FCA has tapped OneMarketData, a market surveillance technology firm, for a significant market surveillance project.