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FCA sets out plan for the year ahead

In its Business Plan for 2024-25, the FCA has set out an ambitious programme of work for the final year of its 3-year strategy to

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March 19, 2024

FCA decides on £5.95m fine and industry ban for Nailesh Teraiya in latest cum-ex case

Nailesh Teraiya has referred his Decision Notice to the Upper Tribunal. Any findings in the Decision Notice are therefore provisional and reflect the FCA’s belief

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March 18, 2024

FCA joins other regulators to warn firms on debt collection

Together with Ofgem, Ofwat and Ofcom, we’ve set out our expectations for firms across markets, as many consumers feel the strain from cost of living

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March 18, 2024

Review of firms’ treatment of customers in vulnerable circumstances

Under the Consumer Duty, firms should act to deliver good outcomes for all customers, including those with characteristics of vulnerability. We will conduct a review

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March 15, 2024

Silverbird Global Limited (SGL) enters special administration

On 13 March 2024, Silverbird Global Limited (SGL) entered special administration under the Payment and Electronic Money Institution Insolvency Regulations 2021. Daniel Conway and Geoffrey

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March 14, 2024

FCA fines financial advice firm and bans Arthur Cobill and William Hofstetter for British Steel Pension Scheme advice and oversight failings

The FCA has fined Inspirational Financial Management Ltd (IFM), which is in administration, £897,840. IFM poorly advised people to transfer out of defined benefit (DB)

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March 11, 2024

FCA to investigate use of personal guarantees in certain small business lending

The Financial Conduct Authority (FCA) has today committed to investigate the use of personal guarantees by lenders to support loans to certain small businesses. The

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March 5, 2024

FCA warns firms over anti-money laundering failings

We have today warned firms about common failings we have found in firms’ financial crime controls. We have written to CEOs of Annex 1 firms

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March 5, 2024

Financial regulator finds wholesale data market can be improved

The FCA has today published the findings of its wholesale data market study, which examined competition in the markets for credit ratings data, benchmarks and

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February 29, 2024

3-month synthetic sterling LIBOR – 1 month to go

FCA issues final message before the end-March 2024 deadline and a reminder of the expected cessation of US dollar synthetic LIBOR at end-September 2024. It

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February 29, 2024
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