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Millions of Britons struggling with bills, warns regulator

The Financial Conduct Authority (FCA) has found 7.8 million people are finding it a heavy burden to keep up with their bills, an increase of

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October 21, 2022

FCA begins criminal proceedings against five individuals involved with Worthington Group plc

The FCA has begun criminal proceedings against five individuals involved with Worthington Group plc, a company listed on the London Stock Exchange. The FCA launched

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October 20, 2022

Mark Steward to step down from the FCA

Mark Steward has announced he will be stepping down as the FCA’s executive director of Enforcement and Market Oversight after seven years with the regulator.

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October 18, 2022

FCA fines Gatehouse Bank £1.5m for poor anti-money laundering checks

The Financial Conduct Authority (FCA) has fined Gatehouse Bank Plc £1,584,100 for significant weakness in its financial crime systems and controls. Between June 2014 and

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October 14, 2022

FCA updates guidance for branch closures

In new guidance published today, the Financial Conduct Authority (FCA) has set additional expectations for banks that are considering branch or ATM closures. The guidance,

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October 11, 2022

FCA research: A quarter of consumers would withdraw pension savings earlier to cover cost of living – making them vulnerable to scammer ‘misdirection’

With the cost of living impact deepening, the FCA launches its latest ScamSmart campaign aimed at giving consumers the knowledge and tools to avoid pension

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October 6, 2022

FCA publishes review of business interruption insurance claims handling

A Financial Conduct Authority (FCA) review of business interruption claims handling has welcomed insurers quickly paying out interim payments, reallocating resources quickly and proactively communicating

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October 4, 2022

Birmingham Inner Circle Community Credit Union Limited enters administration

Birmingham Inner Circle Community Credit Union Limited was placed into administration on 26 September 2022 and has now stopped trading. Dina Devalia and James Varney

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September 26, 2022

We consult on new guidance on the trading venue perimeter

We have published a Consultation Paper (CP) proposing new guidance on the regulatory perimeter for trading venues. This consultation is part of the Wholesale Markets

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September 22, 2022

Scams offering to ‘write off debts’ targeting UK consumers

The unauthorised claims management services say they can write off debts but often charge fees to do so, even when the scheme fails. We believe

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September 16, 2022
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