Financial Conduct Authority
Open banking advances with UK Payments Initiative launch
The Financial Conduct Authority announced the launch of the UK Payments Initiative (UKPI) scheme, marking a significant advancement for open banking and commercial variable recurring payments (cVRP).
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Court approves Argento Wealth fund distribution; investors act by Aug 1
The High Court has approved the pro rata distribution of money recovered by the Financial Conduct Authority from Argento Wealth Limited to eligible investors.
Firms improve sanctions controls, gaps remain
The Financial Conduct Authority warns that while financial firms have improved their sanctions controls, significant gaps persist.
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Financial promotion approvers need to raise standards
The Financial Conduct Authority (FCA) has found that some firms approving financial promotions are failing to adequately protect consumers.
FCA to hold Annual Public Meeting in Edinburgh
The Financial Conduct Authority will hold its Annual Public Meeting in Edinburgh for the first time on 6 October 2026.
FCA Scale-up Unit opens for solo-regulated firms
The Financial Conduct Authority's Scale-up Unit is now open for solo-regulated financial firms seeking tailored support.
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Young drivers targeted by fake insurance scams
The Financial Conduct Authority (FCA) is warning drivers aged 17 to 25 about 'ghost broking' scams involving bogus insurance policies.
FCA launches review of claims management market
The Financial Conduct Authority (FCA) has launched a comprehensive review of the claims management market.
FCA to consult on Consumer Credit Act reform
The Financial Conduct Authority (FCA) will consult on key elements of the Consumer Credit Act 1974 (CCA) reform.
FCA, Bank of England share tokenisation vision for UK markets
The Financial Conduct Authority (FCA) and the Bank of England have set out a shared vision for tokenisation in UK wholesale markets.
UK authorities: Firms must address frontier AI cyber risks
The Financial Conduct Authority, Bank of England, and HM Treasury issued a joint statement on May 15, 2026, urging financial firms to address cyber security risks from frontier AI models.
Firms must support customers through Consumer Duty amid cost crisis
The Financial Conduct Authority (FCA) has reminded firms of their clear expectations to support consumers facing increased cost of living pressures.