The Financial Conduct Authority (FCA) regulates UK financial services, including the e-money institutions and Payment Initiation Service Providers (PISPs) that handle most casino deposits and withdrawals. PayPal UK, Skrill, Neteller, TrueLayer, Tink and Trustly are all FCA-authorised under the UK Electronic Money Regulations 2011 or the Payment Services Regulations 2017.
FCA authorisation imposes capital requirements, AML obligations and operational resilience standards that distinguish authorised payment providers from unauthorised crypto-only or offshore methods. UK regulated casinos must use FCA-authorised payment providers for fiat deposits and withdrawals.
Example usage
- FCA register lookup confirms a payment provider's authorisation status
Related terms
- AML (Anti-Money Laundering) — Regulations requiring operators to monitor and verify transactions to prevent money laundering through gambling.
- E-wallet — A digital wallet (PayPal, Skrill, Neteller) that holds funds and routes deposits/withdrawals between bank accounts and casinos.
- Open banking — An FCA-regulated payment method that initiates bank transfers directly via your banking app, with no card or e-wallet intermediary.
- UK Gambling Commission (UKGC) — The independent regulator of all commercial gambling in Great Britain, established under the Gambling Act 2005.