Tagged: prudential regulation authority

UK Regulators Prudential Regulation Authority, Financial Conduct Authority Proposes Fiserv Inclusivity Measures

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

UK’s Perenna Obtains Banking Approval, Aims to Disrupt Mortgages Market

The team at Perenna has issued a statement indicating their restrictions have been lifted by the Prudential Regulation Authority and Financial Conduct Authority. This means they can now offer fixed-rate mortgages in the UK. Unlike the US and other European countries, the UK market is… Read More

Ashman Receives UK Banking License

Ashman has announced its UK banking license (Authorized with Restrictions or ‘AwR’), which means it has been authorized and regulated “to trade with restrictions by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).” Ashman, which was founded by real-estate entrepreneurs Ashkin Mittal and… Read More

Bank of England: Effective Competition & Financial Service Regulation

Earlier this month, the Bank of England published a staff working paper entitled, “Competition and prudential regulation”. The document is the work of Paul Fisher, former Deputy Head of the Prudential Regulation Authority (PRA) and Executive Director for Supervisory Risk and Regulatory Operations, and Paul A Grout,… Read More

Crowdcube #FundedClub Member Mondo: “We Are Now A Licensed Bank!”

Exciting news, Mondo investors! The Crowdcube #FundedClub member announced it has officially become a licensed bank and is now regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Mondo team shared details about its launch, which can be found below. “We started Mondo… Read More

Digital-Only Tandem Bank Receives UK Banking License: “A Good Bank”

Tandem has been granted authorization from the Bank of England and will be regulated by Financial Conduct Authority and the Prudential Regulation Authority, blogged co-founder Ricky Knox. Tandem aims to be the most helpful, not the most painful, bank for its customers. “This is very… Read More

Send this to a friend