The author offers views on the proposals by the British Financial Conduct Authority (FCA) concerning the regulation of the crowdfunding sector based on its consultation paper CP13/13 released in 2013. He asserts that the crowdfunding sector needs to be regulated considering its increasing popularity....
A key benefit of ABI membership is staying abreast of coming changes in regulation and policymaking. The ABI collects extensive data from insurers and long-term savings providers, covering everything from motor and property insurance to life assurance and pensions. The data is available to ABI memb...
Regulation and Enforcement:The SEC is responsible for enforcing federal securities laws and regulations, including those that apply to certain types of futures contracts that are considered securities. It ensures compliance with disclosure requirements, investigates potential violations, and takes legal action...
What is the FSCS? The FSCS covers a wide range of financial products including bank accounts, pensions, investments, mortgages, and insurance. It is free to use and funded by levies on firms authorised by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). In ...
Europe is the largest market for forex trades. The Financial Conduct Authority (FCA) monitors and regulates forex trades in the United Kingdom. Which Currencies Can I Trade in? Currencies with high liquidity have a ready market and exhibit smooth and predictable price action in response to ...
, asks Michael Watt Since his appointment as head of the UK's newly created Financial Conduct Authority (FCA) in September 2011, Martin Wheatley has often had to act more like a sheriff in a Wild West town than a run-of-the-mill regulator, confronted as he was by a UK financial ...
🗣 Is PSD2 open banking? PSD2 is not the same as open banking, but the two are closely related. PSD2 is an EU regulation intended to increase competition and innovation in the financial space. It removes the monopoly banks have on the use of customer data, allowing other businesses to...
Similarly, The EU has formally endorsed regulation to introduce a voluntary certification framework for carbon removals. This framework has been developed to boost the market’s ability to monitor and verify activities to counter greenwashing in the carbon removal and certification space. Moving...
However, the European Banking Authority (EBA) this summer noted a significant lack of preparedness for the regulation among the payments industry and retailers, which is likely to have a significant impact on consumers. The extension to the deadline is intended to give the industry time to ...
In the UK, PSD2 SCA regulations are enforced by the Financial Conduct Authority (FCA). What is a PSD2 license and how do I get one? A PSD2 license is required by payment institutions in the EU. These include Stripe, PayPal, Square, Apple Pay, Google Pay, and others. These types of...