Tag: #fca

FCA Consults on Excluding Performance Fees From Workplace Pension Charge Cap

FCA proposes optional exemption allowing some performance-linked fees outside the 0.75% charge cap for default workplace pensions, with safeguards.

#pensions, #fca, #workplacepensions, #privateequity

London man sentenced after staging fake £154m takeover bid forged with ChatGPT

Christopher Woolcott received a suspended sentence after forging takeover papers with ChatGPT to manipulate Touchstone Exploration’s share price.

#fraud, #marketmanipulation, #chatgpt, #fca, #uk

FCA finalises rules to regulate ESG rating providers; authorisation mandatory by June 29, 2028

The FCA has published final rules bringing ESG rating providers into UK regulation; firms can apply from June 24, 2027 and must be authorised by June 29, 2028.

#esg, #regulation, #fca, #sustainablefinance

FCA widens review of handling of whistleblower Simon Andriesz, delays report to spring 2027

FCA expands review into its treatment of whistleblower Simon Andriesz to include legal compliance and procedures; final report pushed to spring 2027.

#fca, #whistleblower, #uk, #regulation, #andriesz

FCA secures court undertakings forcing HTX (formerly Huobi) out of U.K.

The FCA won High Court undertakings barring HTX (formerly Huobi) from promoting services to U.K. customers; new sign-ups and deposits are blocked.

#crypto, #regulation, #uk, #fca

FCA: UK defence SMEs hit by slow bank onboarding, not blanket account closures

FCA review finds small defence suppliers face long onboarding, repeated information requests and slow decisions — not widespread account closures.

#fca, #banking, #defence, #smes, #uk

FCA warns private-market firms over patchy conflict controls after Oct. 23 review

The FCA warns private-market firms show uneven conflict-of-interest controls as the sector grows, urging stronger governance after a multi-firm review.

#private-markets, #fca, #regulation, #private-equity

FCA signals near-term update to simplified pension and investment advice rules

The FCA says updated simplified-advice rules will be published soon to make pensions and investment help cheaper and more accessible.

#uk, #fca, #retailinvestment, #pensions

FCA shifts from study to real-time supervision of AI in finance, urging clearer disclaimers

UK regulator moves from review to hands-on supervision of AI in finance, folding most Mills Review recommendations into testing and pressing platforms to clarify limits of AI advice.

#fca, #ai, #regulation, #finance

FCA opens applications for crypto firms to seek full UK authorization

The FCA opened applications for crypto firms to seek full UK authorization, with an application window from Sept. 30, 2026 and a Feb. 28, 2027 deadline.

#uk, #crypto, #regulation, #fca

FCA publishes guidance clarifying which crypto activities will need UK authorisation

The FCA published guidance explaining how the UK’s upcoming cryptoasset regime applies to firms and which activities will need FCA authorisation.

#crypto, #uk, #fca, #regulation

FCA sets 18-month path to create UK equity consolidated tape, launches interim market reporter

The FCA set an 18-month timetable to build a UK equity consolidated tape, launched a free interim market activity reporter and opened consultations.

#fca, #uk, #markets, #equities, #consolidatedtape

FCA review warns agentic AI could reshape UK retail financial services by 2030, sets out seven regulatory steps

FCA review warns agentic AI could reshape UK retail financial services by 2030 and recommends seven regulatory steps to manage benefits and risks.

#ai, #financial-services, #regulation, #fca

Bank of England and FCA set out handoff for oversight of systemic UK stablecoins

Bank of England and FCA explain how oversight of UK stablecoin issuers would shift if one is deemed systemic, clarifying who regulates issuers as they scale.

#stablecoin, #uk, #regulation, #bankofengland, #fca

FCA signals regulatory shift as AI moves to scale in UK financial services

FCA chief Nikhil Rathi says AI in finance has moved to scale, urging supervised deployment while warning on fraud, resilience and market concentration.

#fca, #ai, #fintech, #regulation