On 10 June Nikhil Rathi, the FCA’s CEO, appeared before the Treasury Select Committee. The opening volley of questions was focused on the risks presented by illegal financial promotions on social media and, relatedly, the...more
6/23/2025
/ Consumer Protection Laws ,
Enforcement ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Promotions ,
FinTech ,
Fraud ,
Influencers ,
OFCOM ,
Online Platforms ,
Regulatory Requirements ,
Social Media ,
UK
The Prudential Regulation Authority (“PRA”) has kicked-off 2024 by crystallising its new approach to enforcement. The key change is the introduction of the Early Account Scheme (“EAS”), which provides a mechanism for the...more