The FCA has cancelled the Part 4A permission to carry out regulated business of Kent-based IFA The Pentagon Partnership (FRN: 627747).

Two individuals running a fake investment scam - which used clone websites and other methods to target investors - have been convicted by the FCA for their roles in a £1.5m fraud.

The FCA has given one of its strongest hints yet that reform of the Consumer Duty is on the way and what direction it might take.

The FCA has issued a warning notice that it is preparing to take action against high profile fund manager Crispin Odey for demonstrating a "lack of integrity."

The FCA has fined Kristo Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager conduct rule. 

MCI Global Investments Advisors Limited, which manages the Novus Black alternative investment fund, has entered Creditors’ Voluntary Liquidation.

Firms in the retail investments sector, which includes most financial advice firms, had one of the lowest levels of satisfaction with their relationship with the FCA.

The FCA has halted ISA business at crowd-funding platform Nextcrowd over concerns about potential “serious regulatory breaches.”

The FCA is interviewing 20 finfluencers under caution as part of a “targeted action” against illegal financial influencers.  

The FCA has launched an AI Lab to help the firms it regulates build and implement artificial intelligence solutions.

The Financial Conduct Authority is to review soaring insurance premiums for home and motor insurance and the practice in some markets of paying for insurance in instalments.

The FCA’s advice guidance boundary review will boost growth for the Financial Planning sector, according to the Chair of the regulator.

The FCA has fined Starling Bank just under £29m for financial crime failings related to its financial sanctions screening.

The Financial Conduct Authority is changing its enforcement approach as it aims to act faster and with more transparency.

Investment trusts can choose to opt out of the requirements of PRIIPs Regulation and associated technical standards until new legislation comes into force, the FCA said in a statement today.

The Pensions Regulator (TPR) has called on pension professionals to consider a more diverse range of investments.

A third of the workforce (33%) at the Financial Conduct Authority were from an ethnic minority in 2023-24, according to new employment data from the regulator.

The FCA has given firms four more months time to comply with its newSustainability Disclosure Requirements' regime and new investment label rules.

The FCA says standards of regulatory practice among appointed representatives (ARs) are improving but there is “more to do.”

Nearly three in 10 Financial Planners (28%) surveyed in an exclusive poll for Financial Planning Today say they have cut the number of clients they serve as a result of the Consumer Duty.