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Synthetic Data Expert Group update on progress
Find out about the progress the SDEG is making towards providing practical and tangible synthetic data insights for practitioners and policymakers. -
FCA joins forces with global regulators to foster digital innovation with Project Guardian
The FCA joins MAS, Singapore’s central bank, the Financial Services Agency of Japan (FSA), and the Swiss Financial Market Supervisory Authority (FINMA) as part of Project Guardian. -
FCA secures contract changes for buy-now-pay-later customers as more consumers use the product
FCA research shows that there has been a significant increase in the use of buy-now-pay-later (BNPL). -
H.P.A.S Limited (trading as Safestyle UK) enters administration
On 30 October 2023 the directors of H.P.A.S Limited appointed Richard John Harrison and William James Wright of Interpath Advisory as joint administrators. The administrators are qualified insolvency practitioners. -
FCA statement regarding NatWest Group
As previously set out, we have been intensifying supervisory work in relation to NatWest Group and Coutts since the widely reported events earlier this year. -
FCA warns about common issues with crypto marketing
From 8 October, we have been supervising firms against the new regime that is designed to give consumers the right information and risk warnings. -
Novaloans Ltd (trading as Cash4UNow) enters administration
On 23 October 2023, Novaloans Ltd (trading as Cash4UNow) went into administration. -
Review of rules extending SME access to the Financial Ombudsman Service
Following the introduction of our rules extending access to the Financial Ombudsman Service for more small and medium-sized enterprises (SMEs) in 2019, the FCA has concluded its review of their appropriateness. -
The Joint Regulatory Oversight Committee welcomes OBL’s submission of two data collection frameworks
Open Banking Limited (OBL) has published two data collection frameworks. One for levelling up API availability and performance in open banking and the second for mitigating risk of financial crime. -
Financial watchdog fines Equifax Ltd £11 million for role in one of the largest cyber security breaches in history
FCA fines Equifax £11,164,400 for failing to manage and monitor the security of UK consumer data it had outsourced to its parent company based in the US.