The FCA has removed the regulatory permissions of high-risk investment firm Equitrade Markets Ltd (FRN 441877) due to concerns over failures to satisfy the suitability threshold condition.

The FCA has fined Cypriot contract for differences (CFD) firm Forex TB Limited (FXTB) £276,100 for not treating customers fairly and providing investment advice without authorisation.

French asset manager H2O AM LLP has agreed a 'fine alternative' deal with the FCA which will mean it paying back €250m (£214.8m) to investors who have been unable to access their funds since 2020.

The FCA has instigated fraud proceedings against three people - Kristofer McGuire, Keith Williamson and Karla Walker - for their alleged involvement in an £8m high-risk trading scheme targeting pension savers.