News

Facebook faces £500,000 fine from UK data watchdog

The UK’s data protection watchdog intends to fine Facebook £500,000 for data breaches – the maximum allowed. The Information Commissioner’s Office said Facebook had failed to ensure another company – Cambridge Analytica – had deleted users’ data. The ICO will also bring a criminal action against Cambridge Analytica’s defunct parent company SCL Elections. And it […]

Pawnbroking sector review

As part of our Mission, we recently published details of Our Approach to Supervision. In this, we outlined how we supervise firms as part of a portfolio of firms that share a common business model. Pawnbroking forms part of the high-cost credit portfolio and through our supervisory work we have been gathering further information about […]