Financial Conduct Authority News & Prediction Market Coverage
Track the latest Financial Conduct Authority news across prediction markets. Prediction News is following 3 active Financial Conduct Authority stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
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Frequently Asked Questions
Does the FCA ban prediction markets?
The FCA bans retail sales of binary options, which it applies to financial prediction market contracts referencing events such as financial or certain climatic outcomes.
When did the FCA ban binary options?
The permanent retail ban on binary options took effect on 2 April 2019.
Is the FCA considering easing its prediction market ban?
The FCA has reportedly held talks with platforms about potentially easing the ban, though no rule change has been made and its published position continues to support the prohibition.
Which regulator covers non-financial prediction markets in the UK?
Prediction market products linked to non-financial events such as sports or politics fall under the UK Gambling Commission.
Can UK retail investors access Kalshi or Polymarket?
Financial prediction contracts on these platforms remain subject to the FCA's retail binary options ban.
What is the FCA's view on the risks of prediction markets?
The FCA has described the contracts as speculative and gambling-like, citing risks of consumer harm.