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FCA keeps trading apps under review over gaming concerns

In an online experiment with over 9,000 consumers, the FCA found that digital engagement practices (DEPs) used by trading apps, such as push notifications and

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June 20, 2024

LCC Trans-Sending Limited enters special administration

Payment services firm LCC entered special administration on 18 June 2024 and has now ceased trading. Christine Mary Laverty, Russell Simpson and Jarred Erceg of

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June 20, 2024

Two arrests connected to suspected illegal £1 billion cryptoasset business 

The FCA, working with the Metropolitan Police Service, has conducted an operation to arrest 2 individuals, aged 38 and 44, suspected of running an illegal

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June 20, 2024

PCF Bank Limited enters into liquidation

On 19 June 2024, PCF Bank Limited (PCF), together with its subsidiaries PCF Credit Limited and Azule Limited, entered into creditors’ voluntary liquidation. Peter Dickens

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June 20, 2024

London Court Limited – update for investors

We previously placed restrictions on London Court Limited to stop it from conducting regulated activities for either new clients or new investments. We are issuing

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June 18, 2024

Restrictions placed on Motmaen Limited

Motmaen is a small payment institution that is registered to provide money remittance (ie money transfer) services. We removed its ability to provide these payment

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June 11, 2024

TenetConnect Limited (TCL) and TenetConnect Services Limited (TCSL) enter administration

TCL and TCSL are authorised and regulated by the FCA. They used Tenet Network Services (TNS) and TenetConnect as trading names. TCL and TCSL oversaw

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June 5, 2024

New Cost Benefit Analysis Panel to be chaired by Dr Felix Martin

Dr Felix Martin has been appointed chair of the FCA’s new, independent Cost Benefit Analysis (CBA) Panel. Dr Martin will lead the Panel as it

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June 5, 2024

Intelligent Money Ltd enters administration

Intelligent Money Ltd (Intelligent Money) is a self-invested personal pension (SIPP) operator authorised and regulated by the FCA. On 28 May 2024, the directors of

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May 28, 2024

FCA publishes Decision Notices against two individuals for acting without integrity in relation to pensions business

The FCA has decided to ban Stephen Joseph Burdett and James Paul Goodchild from working in regulated financial services for recklessly exposing pension holders to

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May 24, 2024
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