The Financial Conduct Authority (“FCA”) would like to draw the industry’s attention to the announcement by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) today which restricts transactions under Article 20 (2) (b) of...
We are working to ensure as smooth a transition as possible as the UK prepares to leave the European Union. A significant part of this is to make sure that all firms are ready for 29 March 2019. We are hosting 2 briefings to give firms a clearer u...
We required firms to publish new data showing how long it takes each firm to open a current account for new customers, and how long it takes them to replace customers’ debit cards. This data is published today. Firms are also publishing updated i...
Domestically, the Bank co-operates with both the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) in relation to supervising financial market infrastructure (FMI) and payment systems respectively. The frameworks for co-operation wi...