Financial Conduct Authority

🧬 AI profile — grown from 6ic coverage The Financial Conduct Authority (FCA) is the UK's financial regulatory body, responsible for ensuring the stability and integrity of the financial system. As a result of recent developments, the FCA has taken steps to regulate the Buy Now Pay Later (BNPL) industry, aiming to protect consumers from potential risks and unfair practices. This move is part of the FCA's broader efforts to safeguard consumers and maintain market integrity.