The latest data from the Financial Conduct Authority shows the regulator hit half of its authorisations operating service metric between April and June.
Read more ...54 firms amend marketing following FCA action
- Monday, 07 August 2023
- Articles
Some 54 FCA-regulated firms amended or withdrew 1,507 financial promotions or advertising between 1 April and 30 June following intervention by the regulator.
Read more ...FCA halts work on simplified advice
- Thursday, 03 August 2023
- Articles
The Financial Conduct Authority has put plans to create a simplified advice regime on hold.
Read more ...Regulators to drop £10,000 complaints claim limit
- Thursday, 27 July 2023
- Articles
The FCA, PRA and Bank of England are to remove the £10,000 limit on compensation payments related to complaints about the regulators due to be implemented from 1 November.
Read more ...FCA avoids bullet as first 7-digit FRNs allocated
- Friday, 21 July 2023
- Articles
The Financial Conduct Authority has avoided potential trouble in identifying firms as it begins to allocate the first seven-digital Firm Reference Numbers (FRNs).
Read more ...FCA halts 30% more firms over past year
- Thursday, 20 July 2023
- Articles
The Financial Conduct Authority has halted business at 627 regulated firms in the past year to prevent consumer harm - 30% more than the previous year, according to its annual report and accounts
Read more ...FCA plans to regulate AI and big tech
- Friday, 14 July 2023
- Articles
The Financial Conduct Authority has outlined plans to regulate financial firms which use AI (artificial intelligence) and financial technology companies.
Read more ...2 in 3 Planners expect Consumer Duty boost
- Thursday, 13 July 2023
- Articles
Close to two thirds (61%) of Financial Planners believe pension and retail investment products will see a boost from the FCA’s new Consumer Duty.
Read more ...Chancellor unveils wave of pension reforms
- Tuesday, 11 July 2023
- Articles
Chancellor Jeremy Hunt unveiled a wave of pension and regulatory reforms in his Mansion House speech last night, going further than many expected.
Read more ...FCA warns crypto flouters could face prison from October
- Friday, 07 July 2023
- Articles
The FCA has warned cryptoasset promoters they could face up to two years in prison and unlimited firms if they do not comply with new rules on the marketing of crypto which - it has confirmed -will begin on 8 October.
Read more ...