UK Financial Regulator Defends Palantir Contract to Lawmakers
Britain's Financial Conduct Authority (FCA) appeared before lawmakers to defend its decision to award a contract to the data analytics firm Palantir.
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Britain's Financial Conduct Authority (FCA) appeared before lawmakers to defend its decision to award a contract to the data analytics firm Palantir.
The Financial Conduct Authority (FCA) is expected to announce a scheme this week to compensate millions of customers for allegedly mis-sold car loans, a move that banks and claims specialists are reportedly preparing to challenge.

UK banks are continuing to enforce a £100 limit for contactless card payments, despite the Financial Conduct Authority (FCA) having removed the cap, citing a lack of widespread consumer demand for changes.
Nikhil Rathi, CEO of the Financial Conduct Authority (FCA), has indicated a strategic shift towards implementing fewer new regulations.

Britain's Financial Conduct Authority (FCA) has defended its contract award to Palantir before lawmakers, following calls from parliamentarians to block the deal due to concerns over sensitive financial data.

US tech firm Palantir has extended its reach into the British state by gaining access to sensitive Financial Conduct Authority (FCA) data, raising fresh privacy concerns as it analyzes intelligence to tackle fraud.

The UK's Financial Conduct Authority (FCA) has stated that money laundering controls in professional services are performing poorly, with new AI assessment systems failing to identify risks.
The Association of Chartered Certified Accountants (ACCA) is calling on the Financial Conduct Authority (FCA) to ensure companies are ready for more stringent sustainability reporting requirements.

The UK's Financial Conduct Authority (FCA) has launched an investigation into the collapsed lender Market Financial Solutions (MFS) following a worldwide asset-freezing order against its founder, Paresh Raja, in connection with a £1.3 billion mortgage scandal.
The Financial Conduct Authority (FCA) has extended its regulatory perimeter to include deferred payment credit.