UK Government announces merger of PSR into FCA
March 21, 2025
The UK Government has announced plans to integrate the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA) as part of its ‘Plan for
Category: News
FCA scraps ‘name and shame’ plan amid industry backlash
March 13, 2025
The Financial Conduct Authority (FCA) has recently announced that it will not proceed with its proposal to publicly name firms under investigation. This decision comes
The PSR’s findings on card scheme and processing fees
March 13, 2025
The Payments Systems Regulator (PSR) has published its final report on the market review into card scheme and processing fees, revealing significant fee increases by
FCA charges John Dance with fraud and money laundering related to WealthTek
March 6, 2025
The Financial Conduct Authority (FCA) has brought significant criminal charges against John Dance, the former principal partner of WealthTek LLP (formerly Vertus Asset Management LLP).
FCA’s email management changes
February 24, 2025
The Financial Conduct Authority (FCA) has announced a significant shift in how it manages emails, aiming to modernise record-keeping and enhance regulatory efficiency. This policy,
FCA fines Mako Financial Markets for failings related to cum-ex trading
February 21, 2025
The Financial Conduct Authority (FCA) has fined Mako Financial Markets Partnership LLP (Mako) £1,662,700 for significant failures in its financial crime controls. The regulator found
PSR delays regulatory requirements for Reimbursement Claims Management System (RCMS)
February 13, 2025
The Payment Systems Regulator (PSR) has issued an important update regarding the implementation of the Reimbursement Claims Management System (RCMS). Originally planned for May 2025,
Concerns over FCA’s plans to publicise investigations
February 12, 2025
The House of Lords Financial Services Regulation Committee has published a report raising significant concerns about the Financial Conduct Authority’s (FCA) proposals to publicise enforcement
The FCA’s latest ‘Dear CEO’ letter – Key priorities for payments firms
February 5, 2025
The Financial Conduct Authority (FCA) has issued a new ‘Dear CEO’ letter (dated 3rd February 2025) outlining its priorities for firms within the payments sector.
The FCA’s new portal for simplified access and reporting
February 3, 2025
The Financial Conduct Authority (FCA) is set to launch My FCA in spring 2025, a new online portal designed to streamline regulatory reporting and access