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Standard Chartered Imposed With $1.1bn Fine Over Links To Iran

Standard Chartered has been imposed with a massive fine amounting to $1.1bn by regulators in both the United Kingdom and the United States of...

City Regulators Call For ‘Unprecedented’ Powers In Case Of A No-deal...

The financial regulators of the City have requested that the Parliament hand them “unprecedented” powers to keep the United Kingdom open for business in...

UK Competition Watchdog Launches Probe Into Possible Financial Services Cartel

The competition watchdog of the United Kingdom announced that it has launched a probe into possible financial services cartel. The Competition and Markets Authority (CMA)...

UK Financial Regulator: Watch Out For Brexit Scammers

Last Thursday, the Financial Conduct Authority (FCA) released a warning that scammers might try to take advantage of uncertainty around Brexit in order to...

FCA Issues Warning For Payday Lenders Over Risky Loans

The Financial Conduct Authority has written a letter to the bosses of payday lending companies. The regulator was urging them to consider ‘affordability risk’...

Financial Regulator Criticised By MP Frank Field Over Pension Advice Fee...

Frank Field, an influential MP, has criticised the financial regulator for the delay in the decision on whether to ban a model of charging...

£16.4m Fine Imposed On Tesco Bank

The financial watchdog of the United Kingdom has imposed a massive £16.4m fine on Tesco Bank because of a "largely avoidable" cyber attack that...

FCA Likely To Impose Largest-Ever Cyber Security Fine On Tesco Bank

The banking arm of Tesco, the biggest retailer of the United Kingdom, would potentially be facing a fine of more than £30 million. It...

FCA Imposes New Rules Aimed At Protecting People In Debt

Under the new rules that were introduced on Saturday, People who are not able to settle their long-term and persistent debt will now be...

‘Global Fintech Sandbox’ Launched By FCA

The Financial Conduct Authority (FCA) has established a partnership with financial regulators from across the globe to establish a new global network that aims...

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