FCA issues reminder to motor finance firms on financial resources amid review
LONDON: The Financial Conduct Authority (FCA) has issued a formal reminder to motor finance firms regarding the necessity of maintaining adequate financial resources consistently. This...
FCA pauses motor finance complaints amid legal dispute
LONDON: The Financial Conduct Authority (FCA) has announced a temporary pause on the deadline for motor finance firms to respond to customer complaints about commission...
AssetCo gets FCA approval for Ocean Dial acquisition
LONDON, UK: AssetCo, the agile asset and wealth management company, has received the green light from the UK regulator to proceed with its acquisition of...
Mode Global secures FCA approval to add more tokens to its platform
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed fintech group, has received confirmation from the FCA that Mode can add multi-tokens to the Mode...
FCA warns Buy Now Pay Later firms about misleading adverts
LONDON, UK: The Financial Conduct Authority (FCA) has warned firms that offer Buy Now Pay Later (BNPL) products that although some agreements are unregulated the...
FCA approves disposal of ContourGlobal to Brasil Participações
LONDON, UK: Financial Conduct Authority (FCA) has approved the disposal of Contour Global to Brasil Participações S.A. Kani Lux Holdings S.à r.l., a majority-owned subsidiary...
FCA launches three-year strategy to improve outcomes
LONDON: The Financial Conduct Authority (FCA) has launched a new strategy to improve outcomes for consumers and in markets throughout the UK. As the FCA’s remit is...
GST gets FCA approved to take control of Angra Limited
LONDON, UK: GSTechnologies Limited (LSE: GST), the fintech and information technology solutions company, announced the Financial Conduct Authority (FCA) has approved the change of control...
XPS Pensions acquires Manchester based MJFCA for £3.75mn
LONDON, UK: XPS Pensions Group has agreed to acquire the business and certain assets of Michael J Field Consulting Actuaries (MJFCA), a SIPP and SSAS...
Acquisition by Cortina Bidco: AFH Financial gets FCA approval
LONDON: AFH Financial Group (LON: AFHP) announced that the Financial Conduct Authority has, on 18 May 2021, approved the proposed acquisition of AFH by Cortina...
FCA publishes review into unsecured credit market
LONDON: The Financial Conduct Authority (FCA) has published a report on change and innovation in the unsecured consumer credit market following a Review by its...
FCA sets out approach on listings of cannabis-related companies in UK
LONDON: The UK Financial Conduct Authority (FCA) has explained its approach to assessing the applications from cannabis-related companies interested in listing in the UK. This...