On 27 September 2024, the Financial Conduct Authority (“FCA”), imposed a financial penalty of approximately £29 million on the British bank – Starling Bank Limited (“Starling”) – for failings related ...

The UK’s central bank and financial regulator have launched a joint Call for Input as tokenization moves from “pilots to production.” ...

As part of measures introduced under the Financial Services and Markets Act (FSMA) 2023, the Financial Conduct Authority (FCA) and the Bank of England (BoE) have published consultations relating, ...

The FCA and Bank of England are seeking feedback on new tokenization guidance and plans to extend operating hours for the UK’s core payment and settlement infrastructure toward near-24/7 availability.

The Financial Conduct Authority (FCA) and the Bank of England have unveiled a joint roadmap for tokenised wholesale markets as regulators seek to give firms greater clarity over the future use of ...

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This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Between 1 April 2015 and 30 November 2017, Al Rayan allowed money to pass ...

The new regime is expected to last five years and is aimed at helping regulators design a better-informed, permanent technology regime for the digital securities market. The Bank of England (BoE) and ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The report covers initial findings from an FCA investigation ...