The UK Financial Conduct Authority (FCA) has issued a statement affirming its mission to simplify and reduce the cost of firms in need of growth capital. The FCA seeks to reduce the burden on businesses raising money. The announcement follows the new “Consumer Duty,” which… Read More
The UK Financial Conduct Authority (FCA) Chief Executive Nikhil Rathi has issued a statement on the agency’s key achievements in the past couple of years. The update is part of a three-year strategy by the FCA to support financial services development while providing ample protection…. Read More
United Kingdom regulators, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), have proposed measures to boost diversity and inclusion in financial services. In consultation papers published this month, the financial regulators have proposed to “boost diversity and inclusion to support healthy work cultures, reduce… Read More
The UK Financial Conduct Authority (FCA) has released its initial report on potential discrimination at UK banks. The report follows the saga of Nigel Farage, a vocal political personality and former UKIP leader, who had his account shuttered at Coutts after management decided his values… Read More
The Chief Executive of the UK Financial Conduct Authority (FCA), Nikhil Rathi, addressed in a speech the emergence of Artificial Intelligence (AI) and the role of Big Tech in financial services. The speech was delivered today at the Economist Impact Finance Transformed event. Rathi said… Read More
The UK Financial Conduct Authority (FCA) has issued a statement on its objectives. As part of a three-year strategy, the financial regulator said it would focus on reducing and preventing harm, setting and testing higher standards while promoting competition. The FCA claims that its new… Read More
In a speech delivered early today by the Financial Conduct Authority Chief Executive Nikhil Ratha, the top UK regulator addressed the future of regulation. Of course, the digitization of financial services, including crypto assets was in the mix. Ratha noted that the FCA has invested… Read More
The UK’s Financial Conduct Authority (FCA) has appointed six directors as it “expands its headcount to meet a growing remit and to achieve its ambitious strategy, which launched in April.” The appointments announced recently, which fill a mix of new and existing roles, “draw on… Read More
The UK’s Financial Conduct Authority (FCA) has appointed Sacha Sadan to serve as its Director of Environment, Social and Governance (ESG). Ian Alderton has been appointed by the financial regulator as Chief Information Officer while Ian Phoenix will work as Director, Intelligence and Digital. Nikhil… Read More
Nikhil Rathi, Chief Executive of the UK Financial Conduct Authority (FCA), delivered a speech yesterday during a presentation at UK Fintech Week. Entitled, Levelling the playing field – Rathi provided perspective on innovation in financial services. He said that in 2019, Fintech revenue rose to… Read More
The UK’s Financial Conduct Authority (FCA) has promoted Sheldon Mills to serving as Executive Director, Consumers and Competition. The financial regulator confirmed that the role was recently created to fulfill various requirements. The FCA noted that the post was created in November 2020 when the… Read More
Nikhil Rathi has been appointed as the new Chief Executive of the UK Financial Conduct Authority (FCA). Rathi is currently the Chief Executive of the London Stock Exchange and prior to that, he was the Director, Financial Services Group at HM Treasury. Rathi is expected… Read More
On Tuesday, London Stock Exchange Group (LSEG) announced that over 40 companies joined its support program for inspiring growth businesses, ELITE. Among the program’s new businesses was equity crowdfunding platform, Crowdcube. The ELITE program offers businesses services to help them grow, this includes education, training and… Read More
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