FIN.

FCA extends SCA deadline to March 2022

The FCA has extended the deadline for implementing Strong Customer Authentication for e-commerce transactions from 14 September 2021 to 14 March 2022. This further 6-month extension is in response to concerns about industry readiness and will ensure minimal disruption to merchants and consumers.

The FCA still expects firms to continue to take robust action to reduce the risk of fraud.

Lucy Hadrill