UK Watchdog Shutters 1,600 Unlawful Financial Services Websites

FCA Annual Report: Comment & Analysis

Let’s start with the word from the FCA; The Financial Conduct Authority’s (FCA’s) annual report sets out how it has used data and technology to crack down on harm in financial services. Over 1,600 websites suspected of [...] The post FCA Annual Report: Comment & Analysis appeared first on .

Regulator closes 1,600 websites in financial crime crackdown

The FCA suspended, removed or blocked more than 1,600 websites suspected of promoting financial services without permission in 2024.

FCA Shuts Down 1,600 Websites in Battle Against Financial Crime | Fintech InShorts: Latest fintech news, analysis by experts

A Major Crackdown on Fraudulent Online Activities to Protect Consumers Highlights: The FCA has taken action against over 1,600 websites believed to be linked to financial crime. This initiative aims to enhance consumer protection and reduce the risk of online scams. The FCA continues to encourage public awareness and vigilance against financial fraud. The Financial Conduct Authority (FCA) has closed more than 1,600 websites as part of a signifi…

FCA closes 1,600 websites as it fights financial crime - Caribbean News Global

The FCA’s annual report sets out how it has used data and technology to crack down on harm in financial services. LONDON, England – Over 1,600 websites suspected of promoting financial services without permission were suspended, removed or blocked in 2024 because of FCA action, as part of its fight against financial crime. The regulator also collaborated with big tech platforms, resulting in over 50 apps being removed from Google Play and the Ap…

UK Watchdog Shutters 1,600 Unlawful Financial Services Websites

The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. [contact-form-7] The sites were either suspended, removed or blocked as part of an ongoing anti-financial crime effort, according to a Thursday (July 10) press release issued with the FCA’s annual report. “Our annual report shows how we’ve laid the strongest possible foundation from which…

FCA Applies New Tech to Handle 3,200% More Financial Promotions Reviewed in Three Years

The Financial Conduct Authority used data and technology to tackle unauthorized financial promotions, suspending or blocking over 1,600 websites and removing more than 50 apps from major platforms like Google Play and the App Store. The regulator’s latest annual report outlines these actions and other steps taken to address harm in the financial sector.Rise in Financial Promotion InterventionsIn 2024, the FCA intervened in almost 20,000 financia…