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FCA

FintechUSA
·Jun. 11, 2020

Curve Credit Gets Closer to Launch

Curve is most well known for allowing users to consolidate all of their credit cards into a single cards; users...
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EuropeFintechNews Roundup
·Mar. 5, 2020

London is Open

CEO of LendIt Fintech Bo Brustkern recently traveled to London to meet with fintechs, regulators and investors; in this post...
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FintechNews RoundupUSA
·Feb. 18, 2020

FCA Warns Retail Investors About P2P Lending in Annual Report

The Financial Conduct Authority (FCA) has released their annual Sector Views report; it warned of high-risk retail investments, calling out...
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EuropeFintechNews Roundup
·Jun. 4, 2019

FCA Announces New Rules For UK P2P Lending Platforms

The long awaited new rules for P2P lending in the UK are now here; the Financial Conduct Authority (FCA) announced...
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FintechNews RoundupRegulation
·Feb. 1, 2019

International Regulatory Group Open for Sandbox Applications

The international group of regulators called the Global Financial Innovation Network (GFIN) has expanded to 29 countries and is inviting...
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EuropeFintech
·Jun. 1, 2020

UK Peer to Peer Lender Introduces Industry First Credit Card

Elfin Market is a London-based peer to peer lending platform and they have launched a new physical credit card in...
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Blog
·Mar. 5, 2020

London is Open

https://lendit.wistia.com/medias/zmw4ew8yhx?embedType=async&videoFoam=true&videoWidth=640 London is the undisputed heavyweight champion of fintech, but it has found itself with a PR problem: Brexit. Will...
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EuropeFintechNews Roundup
·Jan. 9, 2020

FCA Promoting Competition, Easy to Understand Rates

The Financial Conduct Authority is proposing new rules for those that offer cash savings; under the plans, financial institutions will...
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EuropeFintechNews Roundup
·Mar. 12, 2019

UK P2P Lender Lendy On Regulator’s Watch List

The FCA has placed Lendy under special supervision in January citing concerns about their ability to meet the standards required...
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EuropeFintechNews Roundup
·Apr. 5, 2018

UK’s FCA Lays Out New Rules for Asset Managers

The UK’s Financial Conduct Authority has told asset managers that they need to focus more on customer interests and stop the bad behavior; the rules come after a more than 2 year investigation into the sector; Christopher Woolard, executive director of strategy and competition at the FCA, tells the FT, “Today’s announcements are an important part of a package of measures that, combined, aim to achieve a fair, transparent, open and accountable market.”; some of the new rules include hiring independent directors, profits from moving money from one fund to another will be mostly banned and they will need to switch investors to the cheapest version of their funds. Source.

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