FCA proposes establishment of “regulatory sandbox” LeapRate

November 10, 2015 BY Maria Nikolova

FCA proposes establishment of “regulatory sandbox”

The Financial Conduct Authority today published a special report to Her Majesty’s Treasury on the feasibility and practicalities of developing a regulatory sandbox. The latter is supposed to be a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms without immediately confronting all the normal regulatory consequences of engaging…

October 16, 2015 BY Maria Nikolova

UK's FCA bans former UBS trader Adoboli from financial services industry

Kweku Adoboli abused his position as a senior trader at UBS, causing the firm losses of $2.25 billion.

October 06, 2015 BY Maria Nikolova

FCA follows US regulator's lead in reforming whistleblower rules

The new rules, to take full effect in September 2016, aim to encourage individuals within financial institutions to raise concerns and challenge poor practice and behaviour.

September 11, 2015 BY Maria Nikolova

UK's PSR presents members of strategy-setting Forum

The members of the Payments Strategy Forum, to meet up to 6 times per year, were announced and confirmed by the UK Payment Systems Regulator on Thursday.

August 03, 2015 BY Maria Nikolova

FCA grants change of control approval to Optimal Payments-Skrill deal

After the regulatory permission from the Financial Conduct Authority, the $1.2 billion acquisition is set to be completed on August 10, 2015.

July 17, 2015 BY Maria Nikolova

Martin Wheatley to step down as CEO of FCA in September

Tracey McDermott will be Acting Chief Executive from September 12, 2015, while the search for a permanent Chief Executive takes place.

July 07, 2015 BY Maria Nikolova

Jonathan Davidson joins FCA as Director of Supervision – Retail and Authorisations

Mr Davidson has previously held positions in Direct Line and McKinsey & Company.

June 17, 2015 BY Maria Nikolova

Alpari UK ranks among first resolution cases for FCA under RRD

A presentation by the Bank of England and the Financial Conduct Authority representatives shows Alpari UK was the first case of resolutions under the new Directive.

Tag: UK financial regulation