The Government has been given the go ahead to revoke EU financial services regulations and replace them with new UK rules, following inclusion of a planned bill in today’s Queen’s Speech.

The Financial Conduct Authority (FCA) has outlined its approach to making ex-gratia payments due to avoidable delays in its complaint handling.

The Financial Conduct Authority has ruled out allowing access to bodies such as the Financial Services Compensation Scheme for crypto currency investors, even if they have received advice.

The Financial Conduct Authority today used emergency powers to block many of the financial advice firms who gave advice to members of the British Steel Pension Scheme (BSPS) from selling assets to avoid paying compensation.

Mini-bond provider Vector Wealth has gone into administration today after an application to the High Court by a director of firm to wind up the business.

The Financial Conduct Authority has finalised new rules requiring listed firms to disclose progress against diversity targets.

The Personal Finance Society, the biggest professional body for Financial Planners and Paraplanners, has called for more ‘proportional’ regulation by the FCA under its new strategy to avoid killing off parts of the advice sector.

The FCA has issued 19 warnings on unauthorised and clone firms in the past 7 days, a rate of nearly 3 per day.

The Financial Conduct Authority will publish performance metrics for itself and the sector for the first time as it raises its annual funding requirement by 4.3%, according to the regulator’s business plan for the next three years.

The Pensions Regulator issued 20,555 compliance notices between July and December 2021, well down on the 35,087 issues for the previous six months.