SAMA Licenses “alhulul almuntilaqa” Company to Provide Consumer Microfinance Solutions
SAMA Licenses “alhulul almuntilaqa” Company to Provide Consumer Microfinance Solutions
Sectors:
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Fintech
Consumer Credit
Consumer lending, credit cards, and retail finance regulations.
Engagement
Engagement
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Broker DealerAsset ManagerWealth Manager
Direct Participation Programs (DPPs)
Direct Participation Programs (DPPs)
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Broker DealerAsset ManagerWealth Manager
Customer Information Protection
Customer Information Protection
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Broker DealerAsset ManagerWealth Manager
Customer Account Transfers
Customer Account Transfers
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Broker DealerAsset ManagerWealth Manager
Customer Account Statements
Customer Account Statements
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Broker DealerAsset ManagerWealth Manager
Consumer Duty: International payment pricing transparency – good and poor practice
Good and poor practice
AI Analysis
The FCA's guidance outlines good and poor practices in communicating costs for international money remittance and cross-border payments involving currency conversion, emphasizing transparency under the Consumer Duty to enable informed consumer decisions. It matters because non-compliance risks supervisory action, as the FCA plans future reviews to assess improvements, raising the bar on pricing clarity amid ongoing Duty enforcement. #
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Payment ProviderBankFintech
PS25/19: Improving the complaints reporting process
Consultation papers
AI Analysis
FCA PS25/19 finalizes rules to streamline complaints reporting by replacing multiple existing returns with a single consolidated return, enhancing data quality, consistency, and vulnerability identification while reducing burdens. This matters for compliance teams as it mandates system and process updates to improve regulatory oversight and consumer protection, with implementation required within 12 months. #
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BankInsurancePayment Provider
SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity
SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity
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FintechPayment Provider
Collection agency company director loses appeal against conviction for obtaining a financial advantage by deception
Collection agency company director loses appeal against conviction for obtaining a financial advantage by deception
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All Firms
RAMS penalised $20 million for widespread compliance failings regarding home loans
RAMS penalised $20 million for widespread compliance failings regarding home loans
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Topics:
BankFintech
ASIC cancels Australian credit licence of GS-APAC Pty Ltd
ASIC cancels Australian credit licence of GS-APAC Pty Ltd
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BankFintech
ASIC successfully defends special leave application to the High Court by Cigno Australia director Mark Swanepoel and BSF Solutions director Brenton Harrison
ASIC successfully defends special leave application to the High Court by Cigno Australia director Mark Swanepoel and BSF Solutions director Brenton Harrison
Sectors:
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FintechAll Firms
ASIC drives car finance providers to improve consumer outcomes
ASIC drives car finance providers to improve consumer outcomes
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BankFintech
ASIC disqualifies NSW hospitality director for five years
ASIC disqualifies NSW hospitality director for five years
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BankFintechAll Firms
Former director of private lending companies permanently banned over fraud conviction
Former director of private lending companies permanently banned over fraud conviction
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BankFintechAll Firms
ASIC issues DDO stop order against City Finance Lending Pty Ltd
ASIC issues DDO stop order against City Finance Lending Pty Ltd
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Topics:
FintechBank
ASIC issues DDO stop order against FXCM for TMD deficiencies
ASIC issues DDO stop order against FXCM for TMD deficiencies
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Broker DealerFintech
Business lender and loan introducer together penalised $515,000 over credit law breaches
Business lender and loan introducer together penalised $515,000 over credit law breaches
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BankFintech
ASIC bans Sydney mortgage broker for ten years and cancels her Australian credit licence
ASIC bans Sydney mortgage broker for ten years and cancels her Australian credit licence
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All Firms
ASIC suspends Australian credit licence of Transitional Funding Pty Ltd
ASIC suspends Australian credit licence of Transitional Funding Pty Ltd
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All Firms
ASIC secures nearly $40 million in refunds to investors and drives change after CFD sector falls short
ASIC secures nearly $40 million in refunds to investors and drives change after CFD sector falls short
Sectors:
Topics:
Broker DealerFintech
DEV Limited (CLONE) - Central Bank of Ireland Issues Warning on Unauthorised Firm
DEV Limited (CLONE) - Central Bank of Ireland Issues Warning on Unauthorised Firm
Sectors:
Topics:
BankFintech
Division of Corporation Finance Names Senior Staff
The Securities and Exchange Commission today announced the senior team from the Division of Corporation Finance responsible for advising division Director James Moloney on all matters the division has before the Commission. These include rulemaking…
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Topics:
BankBroker DealerWealth Manager
ML/FT Sub-Sector Risk Assessment on Specialised Professionals of the Financial Sector providing corporate services (trust and company service provider activities) (Updated)
2026 update
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BankWealth ManagerFamily Office
Paragonix Edge: BaFin warns consumers about further Paragonix Edge websites
The Federal Financial Supervisory Authority (BaFin) warns consumers about “Paragonix Edge” and the services it is offering. BaFin suspects the unknown operators of the websites paragonixedge(.)org, hhessel(.)com, funkmp(.)com und altenweerth(.)com of offering consumers cryptoasset services without the required authorisation.
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Topics:
Crypto ExchangeBankFintech
WhatsApp groups and trading app: BaFin warns consumers about identity theft in connection with the app “PayDenPro”
According to information available to the Federal Financial Supervisory Authority (BaFin), unknown persons are using WhatsApp groups and chats to contact German investors. The initiators of these WhatsApp groups purport to be the US company “Payden & Rygel”. This is a case of identity theft misusing the names of real employees.
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BankFintechPayment Provider
blauline(.)ai: BaFin warns consumers about website
The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website blauline(.)ai. BaFin has information that this website is being used to offer financial, investment and cryptoasset services without the required authorisation.
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Topics:
FintechCrypto ExchangeAll Firms
FCA opens investigation into claims management company
The FCA has opened an enforcement investigation into The Claims Protection Agency Limited (TCPA) following concerns about its advertising and sales tactics in relation to potential motor finance claims. The FCA is investigating what customers were told about the amount of redress they might obtain, whether they were told they could make a claim for free, and whether they were pressurised to sign up.Announcing the investigation allows TCPA customers to consider their options.The FCA has not re...
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All Firms
Beware of unregulated holiday park investment schemes
A growing number of investment schemes are being promoted unlawfully, are high risk and may even be scams. We've identified a growing number of investment schemes in holiday lodges and holiday homes being promoted to UK consumers by companies that are not FCA authorised.They may be unregulated collective investment schemes, where several investors invest their money. The schemes are being promoted unlawfully, are high risk and may even be scams. We remind consumers that if you invest in an un...
AI Analysis
The FCA has issued a consumer warning about unregulated investment schemes in holiday lodges and holiday homes, which are often promoted unlawfully by unauthorised firms, posing high risks or outright scams. These schemes typically involve collective investments without FCA authorisation, breaching UK financial promotion and collective investment scheme (CIS) rules. This matters for compliance professionals as it signals heightened FCA scrutiny on unauthorised promotions, potential enforcement actions, and the need for firms to review marketing materials and client referrals to avoid facilitation risks. #
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Wealth ManagerAsset ManagerAll Firms
BaFin warns consumers about series of platforms
The Federal Financial Supervisory Authority (BaFin) warns customers about online trading platforms that use the slogan “[...] invest your money in the world of cryptocurrencies with [...]”. BaFin suspects the unknown operators of offering consumers cryptoasset services without the required authorisation. The websites have the same text design and layout.
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Crypto ExchangeFintech
Tava Loans - Central Bank of Ireland Issues Warning on Unauthorised Firm
Tava Loans - Central Bank of Ireland Issues Warning on Unauthorised Firm
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BankFintechAll Firms
Ava Credit Finance - Central Bank of Ireland Issues Warning on Unauthorised Firm
Ava Credit Finance - Central Bank of Ireland Issues Warning on Unauthorised Firm
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BankFintech
Using our full toolkit to help consumers
With over 20 years’ experience and responsibility for supervising 5,000 firms, I know that when an issue arises, the first question is often: 'What action will you take?'That’s a fair question – enforcement is one of the most visible ways we act. It often grabs headlines with big fines and publicity.But our role as supervisors is to exercise judgement - selecting the right tool to achieve the best and fastest outcomes for consumers and markets.While enforcement is a vital part of the kit, it’...
AI Analysis
This FCA blog post outlines the regulator's supervisory "toolkit" for addressing consumer harm, emphasizing proactive supervision over enforcement to achieve faster outcomes like redress and market-wide improvements. It matters because it signals FCA's preference for swift, non-enforcement interventions (e.g., skilled person reviews, voluntary requirements), urging firms to respond promptly to supervisory feedback to avoid escalation. Compliance teams should view this as a reminder to prioritize Consumer Duty compliance, as supervision tools are increasingly tied to it for rapid harm prevention. #
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InsuranceAll Firms
LiteLoans4U - Central Bank of Ireland Issues Warning on Unauthorised Firm
LiteLoans4U - Central Bank of Ireland Issues Warning on Unauthorised Firm
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BankFintech
The Autorité des Marchés Financiers is running a new financial education campaign aimed at young investors
Long term investment Savings protection Investing wisely Retail investors Journalists The Autorité des Marchés Financiers is running a new financial education campaign aimed at young investors
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Asset ManagerWealth ManagerFintech
Notice of Consultation Paper Release: CP 168
01 OCT 2025, 09:38 AM Notice of Consultation Paper Release: CP 168
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Topics:
Crypto ExchangeFintechAll Firms
New DFSA Thematic Review: High-Growth Firms
16 SEP 2025, 02:18 PM New DFSA Thematic Review: High-Growth Firms
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Asset ManagerBankFintech
Warning about loan scams on social media
Press release 25/04
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BankFintechAll Firms
AMF Ombudsman publishes her 2023 Annual Report
Mediation Annual report Retail investors Professional investors Journalists AMF Ombudsman publishes her 2023 Annual Report
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Asset ManagerWealth ManagerBank
The AMF ensures that retail investors are properly informed on fees of financial products
Fees Savings protection Other professionals Retail investors Journalists Investment services providers The AMF ensures that retail investors are properly informed on fees of financial products
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Asset ManagerWealth ManagerBank
The AMF Ombudsman publishes her 2021 Annual Report
Mediation Annual report Retail investors Journalists The AMF Ombudsman publishes her 2021 Annual Report
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Topics:
Asset ManagerWealth ManagerBank
EBA, ESMA and EIOPA warn consumers on the risks of crypto-assets
Savings protection EBA, ESMA and EIOPA warn consumers on the risks of crypto-assets
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Topics:
BankCrypto ExchangeAll Firms
The AMF urges retail investors to exercise extreme caution towards proposals to invest in rooms in care homes
Warning Savings protection Financial Scams Warning The AMF urges retail investors to exercise extreme caution towards proposals to invest in rooms in care homes
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Asset ManagerWealth ManagerAll Firms
The AMF publishes a study on the development of the SPAC market and its challenges
Financial products Bids Shares Financial disclosures & corporate financing Markets The AMF publishes a study on the development of the SPAC market and its challenges
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Topics:
Asset ManagerBroker DealerBank
Credit Reports now available
Following a satisfactory review of the data submitted by banks and credit unions, to the Central Credit Register, the initial enquiry phase has now commenced. This means that from today borrowers and lenders can request a copy of credit reports from the Central Credit Register. Data on mortgages, personal loans, credit cards and overdrafts, which is backdated to 30 June 2017, is live on the system and is incorporated into credit reports. From 30 September 2018 it will be compulsory for credit...
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Topics:
BankPayment ProviderAll Firms