The FCA is to overhaul its Firm Reference Numbers (FRNs) after revealing that it may run out of the six digit numbers in 2023.

The Financial Conduct Authority has made three senior hires as it fills 95 new authorisation roles.

The FCA halted 343 applications for authorisation from firms and individuals in 2020 in a clampdown to protect consumers.

The FCA has revealed a new initiative aimed at tackling ‘phoenixing.’