Retail
Timely and trusted insight around the regulation of retail financial services ― to ensure that products and services are accessible, equitable and prevent the exploitation of vulnerable consumers.
AllArticles
55 results
Enforcement Actions
Weak bank customer due diligence in spotlight again after Barclays fined £42 million
Barclays was handed two separate fines by the UK Financial Conduct Authority (FCA) yesterday for failures in its financial crime...
Regulatory Reform
Bank of England aligns Basel 3.1 start date with strong and simple regime
The Bank of England (BOE) is aligning the start date for its strong and simple regime with the introduction of...
UK Regulation
FCA: firms should tell us before ‘things go wrongʼ
The Financial Conduct Authority (FCA) has urged firms to report financial stress before “things go wrong”, during a webinar it...
Enforcement Actions
Monzo fined £21 million for fincrime failures, third challenger bank fine inside a year
Challenger bank Monzo has been handed a £21 million fine by the UK Financial Conduct Authority (FCA) for failings in...
Compliance
FCA tech head claims AI enabling ‘Minority Reportʼ-like detection of financial harm
The Financial Conduct Authorityʼs (FCA) deployment of artificial intelligence (AI) has given the regulator the ability to detect financial harm...
Regulatory Reform
FCA unveils biggest overhaul of financial advice since RDR, questions remain
The Financial Conduct Authority (FCA) has announced the biggest overhaul of financial advice for UK consumers since its predecessor the...
Regulatory Oversight
Lifetime ISAs failing savers, should carry ‘consumer warning’ say lawmakers
The Lifetime Individual Savings Account (LISA), which allows people to save towards a deposit for their first home and for...
Banking Compliance
No ‘regulatory barriersʼ for tokenised deposits in the UK
Tokenised deposits — or “bank-issued stablecoins” — do not face any regulatory barriers in the UK, according to a leading...
...