October 17, 2017 @ 8:58 am By Samantha Hurst  |  

On Tuesday, peer-to-peer lending platform RateSetter announced it received full regulatory authorization from the Financial Conduct Authority (FCA). While sharing details about the new milestone, Rhydian Lewis, RateSetter CEO and founder, stated: “We are proud to receive full regulatory authorisation from the FCA. We have always aspired to… Read More

October 10, 2017 @ 5:00 am By Therese Torris  |  

On Monday, October 9, Lendit Europe, the event gathering 1000+ representatives of the international fintech and lending scene on the banks of the River Thames, opened with a presentation by Imran Gulamhuseinwala OBE, Global Head of FinTech at consultancy firm EY, who spoke about “The… Read More

September 21, 2017 @ 7:28 am By JD Alois  |  

The Financial Conduct Authority (FCA) has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) designed to enhance collaboration in supporting Fintech innovation.  The FCA explains the agreement includes information sharing and mutual referrals of Fintech firms looking to enter into either… Read More

September 19, 2017 @ 7:54 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published their approach to the EU directive known as PSD2.  This directive defines the requirements for firms that provide payment services and impacts a wide range of financial service firms including Fintechs. PSD2 ostensibly aims to improve consumer… Read More

September 14, 2017 @ 9:15 am By Samantha Hurst  |  

Peer-to-peer lending platform JustUs announced this week it has received full authorization by the Financial Conduct Authority (FCA). The online lender revealed that the full authorization is a pre-requisite to offer the JustUs Innovative Finance ISA (IFISA) and registration forms have been submitted to HMRC… Read More

September 5, 2017 @ 6:20 am By JD Alois  |  

Assetz Capital, one of the largest peer-to-peer lending platforms in the UK, has announced it has received full authorization from the Financial Conduct Authority (FCA).  Additionally, Assetz Capital has claimed second place in the ranking of UK’s largest P2P lenders as it reports lending in excess… Read More

August 8, 2017 @ 11:05 am By Samantha Hurst  |  

ThinCats, an alternative lending industry leader, announced on Tuesday it has received full authorization by the Financial Conduct Authority (FCA). According to the online lender, the approval highlights its commitment to protecting consumers and also developing the alternative finance industry as a vital source of capital… Read More

August 3, 2017 @ 9:56 am By JD Alois  |  

In the financial services sector clear and transparent regulation is vital to a healthy marketplace. There is no financial services firm that will take issue with this statement. Yet regulation that balances on the tightrope of an efficient market and investor protection is quite hard…. Read More

June 18, 2017 @ 10:43 am By JD Alois  |  

The Chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) John Griffith-Jones has confirmed his intent to depart both agencies at the end of his term in March 2018.  Griffith-Jones was appointed as the first FCA Chair in 2013, He became Chair… Read More

May 12, 2017 @ 8:29 am By JD Alois  |  

The Financial Conduct Authority (FCA) has signed a co-operation agreement with the Securities and Futures Commission (SFC) in Hong Kong. The intent of the agreement is to encourage collaboration that supports Fintech innovation. According to the document, the FCA and SFC will co-operate on information… Read More

May 11, 2017 @ 5:49 am By JD Alois  |  

The first peer to peer lender to launch in the UK back in 2005 has finally received full authorisation from the Financial Conduct Authority (FCA). Zopa, a trailblazer in the global online lending sector, announced that it has been granted full authorisation for peer-to-peer lending… Read More

April 19, 2017 @ 11:12 am By JD Alois  |  

The Financial Conduct Authority (FCA) released an update this week on both their mission and an accompanying business plan. The lead securities and market regulator, posted its broad strategic objectives, as determined by Parliament; To ensure that relevant markets function well – and three operational… Read More

April 10, 2017 @ 10:24 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a discussion paper on distributed ledger technology (DLT) also commonly called Blockchain. The document was released today amidst of a flurry of Fintech related news as the Innovate Finance Global Summit kicked off in London.  The FCA… Read More

April 10, 2017 @ 9:58 pm By JD Alois  |  

Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered a Keynote address today at the Innovative Finance Global Summit 2017. Woolard, the FCA’s champion for competition and thus a champion for consumers, delivered an important message regarding their regulatory mission: “It is… Read More

April 10, 2017 @ 9:43 am By Samantha Hurst  |  

London-based fintech firm, Yielders, announced on Monday it is now regulated by the Financial Conduct Authority (FCA). The company claims it is the UK’s first ever Islamic fintech firm to be directly authorized by the FCA and the milestone shows significant validation by the supervisory body of… Read More

April 10, 2017 @ 8:20 am By JD Alois  |  

Innovate Finance has published a “Sandbox Consultation Finding Preview in concert with the Financial Conduct Authority (FCA). The release took place as Innovate Finance opened its Global Summit 2017. The FCA invited Innovate Finance , a public-private partnership seeking to boost Fintech innovation, to chair an… Read More

March 31, 2017 @ 1:45 pm By Samantha Hurst  |  

Ablrate, the online lender that specializes in asset-backed transactions, announced it has received full authorisation from the Financial Conduct Authority (FCA) and is beginning its expansion.  Sharing details about the authorization, David Bradley-Ward, CEO at Ablrate, stated: “Full authorisation is something that the team has worked… Read More

March 27, 2017 @ 7:53 am By JD Alois  |  

The Financial Conduct Authority (FCA) is holding a two-day event this week focusing on the emerging InsurTech sector. The InsurTech Forum will take place on March 28 and 29 and is part of the Project Innovate initiative. The InsurTech forum will discuss developments in the market and… Read More

March 9, 2017 @ 8:29 am By JD Alois  |  

The Financial Services Agency of Japan (JFSA) and the UK’s Financial Conduct Authority (FCA) have announced a “Co-operation Framework” to support innovative Fintech firms. This “Exchange of Letters” between the JFSA and the FCA is intended to provide a regulatory referral system for “Innovator Businesses”… Read More

March 3, 2017 @ 8:08 am By JD Alois  |  

The Innovative Finance ISA or IFISA has been heralded by many in the P2P lending sector as a boon for the industry. Investors now have the ability to participate in P2P loans while benefiting from the tax deferred nature of ISAs. Yet the Financial Conduct… Read More