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Financial Conduct Authority

FTX gets spanked by UK watchdog, Alameda to repay Voyager debt
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21 September, 2022

FTX gets spanked by UK watchdog, Alameda to repay Voyager debt

The U.K.’s Financial Conduct Authority (FCA) has warned consumers that FTX is operating in the U.K. without local permission, putting...
UK’s ePayments shuts down due to FCA’s AML concerns
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17 September, 2022

UK’s ePayments shuts down due to FCA’s AML concerns

ePayments, which had over 250,000 clients, was ordered to freeze operations in early 2020 after the FCA found weaknesses in...
UK regulator accuses Revolut of ‘material misstatement’ in audit report
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8 September, 2022

UK regulator accuses Revolut of ‘material misstatement’ in audit report

The Financial Reporting Council says Revolut’s auditing had an “unacceptably high risk of material misstatement” amid cost-cutting under Project Prism.
UK bipartisan group launches inquiry on digital asset regulations
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13 August, 2022

UK bipartisan group launches inquiry on digital asset regulations

The Crypto and Digital Assets All Party Parliamentary Group wants to hear from the public on regulations, CBDCs, the role...
UK fintech unicorn Revolut on hiring spree for digital assets division
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11 August, 2022

UK fintech unicorn Revolut on hiring spree for digital assets division

Revolut is bucking this year’s massive tech layoffs tide, raising headcount by 20%, including in its digital assets business which...
FCA issues tougher ad rules for risky assets, pledges to target digital assets next
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4 August, 2022

FCA issues tougher ad rules for risky assets, pledges to target digital assets next

FCA published new guidelines prohibiting flashy ads that don’t portray the risks that such investment comes with, and digital assets...
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