FCA Perimeter Report 2026 Expands Regulatory Scope to BNPL, Cryptoassets, and AI-Driven Financial Services The Financial Conduct Authority has published its latest Perimeter Report outlining how UK financial regulation must evolve to protect consumers, support innovation, and maintain market integrity in an era of rapid technological transformation. The FCA Perimeter[Read More…]
FCA
FCA Imposes Restrictions on Bazar Money Transfer Limited After Determining Firm No Longer Meets Payment Institution Conditions
FCA Imposes Restrictions on Bazar Money Transfer Limited After Determining Firm No Longer Meets Payment Institution Conditions The Financial Conduct Authority (FCA) imposed restrictions on Bazar Money Transfer Limited (BMTL) on April 8, 2026, preventing the firm from providing regulated payment services after determining it no longer met the conditions[Read More…]
FCA Confirms £7.5 Billion Motor Finance Redress Scheme for 12.1 Million Agreements
FCA Confirms £7.5 Billion Motor Finance Redress Scheme for 12.1 Million Agreements The Financial Conduct Authority has officially confirmed its motor finance redress scheme, setting aside £7.5 billion to compensate 12.1 million consumers affected by undisclosed commission arrangements in motor finance agreements dating back to 2007. The final scheme represents[Read More…]
FCA Finalizes £7.5 Billion Motor Finance Redress Scheme Affecting 14 Million UK Consumers
The UK Financial Conduct Authority (FCA) has finalized its landmark “Motor Finance Consumer Redress Scheme” (PS26/3) to return £7.5 billion to 14 million consumers. Announced on Monday, March 30, 2026, the official policy statement outlines a streamlined compensation process for mis-sold car loans agreed between 2007 and 2024, with millions[Read More…]
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