The United Kingdom’s Financial Conduct Authority has awarded an e-money license to payment and risk management firm The ai Corporation. The approval, granted earlier in July, enables The ai Corporation to provide fully FCA-compliant financial services. Effective July 1, the ...
Regulator writes to companies over sale of products such as spread bets, also telling them to boost money laundering defences
Proposed levy coincides with government withdrawal of funding for service which has prosecuted more than 300 illegal money lenders since 2004
Shadow chancellor calls on George Osborne to tell financial watchdog to restart review or risk sending wrong message at wrong time
The Financial Conduct authority wants to ‘engage individually’ with major banks: a relief for bankers, but not for anyone else
Treasury select committee questions why Financial Reporting Council stepped back from reviewing KPMG’s audits of failed bank
Financial Conduct Authority launches inquiry into level of competition in £6.6tn sector and says it will take action if needed
Early last week Zopa, the United Kingdom’s largest peer-to-peer lender, announced they passed the £400 million mark lent on the site since it went live in 2005. When converted to US dollars, its total of just under $650 million places ...