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Tag: Consumer Duty

FCA and BoE data sharing changes: the impact on lenders

With the BoE and FCA’s renewed focus on improving data collection and sharing within the credit information market, the industry has rightly raised questions. What...

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Corporate Payments in 2024: APP fraud, ISO 20022-readiness and generative AI

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate...

Challenges in Retail Trading Regulation

During the Finance Magnates London Summit 2023, a panel discussion entitled: "Tightening Grip? Retail Trading Regulation in 2024" was conducted, moderated by Remonda Kirketerp-Møller, the Founder &...

Future of Online Trading: Industry Experts Weigh in Challenges and Possibilities

The online trading landscape is facing a pivotal moment. After a period of meteoric growth, turbulence in the form of increased volatility, regulatory pressure,...

Platforms and SIPPs – cash are they not interested!

On the 12th December 2023 the FCA have written to adviser platforms and SIPP operators to ask why the interest rates on cash balances...

FCA Issues 1,716 Warnings About Unregistered Firms

The Financial Conduct Authority (FCA) has released its consumer investments data review between April 2022 and March 2023, highlighting 1,716 warnings issued against unauthorized individuals and companies...

FCA Flags Poloniex: Affiliation with Justin Sun Raises

The Financial Conduct Authority (FCA) in the United Kingdom has included Poloniex, a crypto exchange, in its list of non-authorized companies. The FCA's warning, issued on December...

BNPL Demand Unlikely to Weaken in 2024

The financial services industry is humming with expectation and predictions for the trends that will impact the landscape in 2024 as we begin a new year....

From Zero to Hero – How Blockchain could bring the FCA’s Consumer Duty to life

The reputation of blockchain has taken a severe beating in recent years. The spectacular collapse of FTX, plus how regulators are turning against crypto...

FCA Restricts Modulr’s Customer Onboarding

The UK's Financial Conduct Authority (FCA) has imposed customer onboarding restrictions on Payments-as-a-Service provider Modulr until it aligns with new regulations. Don't miss London's premier financial...

Trends in credit data: What to watch in 2024

The world of credit data is changing rapidly. In 2024, the rules of the game are evolving. Understanding these changes is crucial for optimising...

FCA’s Commitment: Cybersecurity and Data Protection

Equifax Ltd, a subsidiary of Equifax Inc, has been fined £11,164,200 by the UK's Financial Conduct Authority (FCA) for a major cybersecurity breach in 2017. The breach...

Why responsible data use means better banking experiences

One concern that’s arisen during the Farage debanking scandal has been the question of how responsible banks are when handling our data and meeting...

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