FCA launches review to cut post-Consumer Duty red tape
- Monday, 29 July 2024
- Articles
The Financial Conduct Authority has today launched a review on 'streamlining' regulatory red tape post the Consumer Duty, amid signs many advice firms have cut back on the number and type of clients they serve and struggled to meet all the obligations.
Read more...1 in 3 financial services firms censured by regulators
- Friday, 26 July 2024
- Articles
Over one in three financial services firms (36%) have been penalised at least once in the past 12 months for failing to meet regulatory requirements, according to a new report.
Read more...FCA fines first crypto firm with penalty of £3.5m
- Thursday, 25 July 2024
- Articles
The FCA has issued a £3,503,546 fine to CB Payments Limited (CBPL) for repeatedly breaching a requirement preventing it from offering services to high-risk customers.
Read more...FCA removes permissions from Brentford adviser
- Thursday, 25 July 2024
- Articles
The FCA has cancelled the permissions of Brentford-based Ekara Health Ltd (FRN 940007).
Read more...