Written by Modulr | Jul 24, 2025 11:00:00 PM
The Financial Conduct Authority (FCA) is the regulatory body responsible for overseeing financial markets and firms in the UK. It aims to protect consumers, ensure market integrity and promote competition. As the UK’s regulatory body overseeing financial services, including payment institutions and electronic money providers, the FCA enforces compliance with PSD2 and AML directives for banks and EMIs such as Modulr.