The FCA has permanently revoked the regulatory permissions of IFA Frensham Wealth Ltd following the conviction of director Jon Frensham for a child sex offence.

New figures from the FCA reveal that over 2,000 new fintech firms have applied for support since its Innovation Hub was opened in 2014.

The FCA, and its sister body the Payment Systems Regulator (PSR), are to lead a study into setting up a regulator of Open Banking.

The Financial Conduct Authority has published a list of risk areas for regulated firms to consider when dealing with crypto assets.

An Isle of Man-based wealth management and tax advice firm, AML Tax (UK) Limited, has been fined £150,000 for failing to provide HMRC with legally required information.

The Financial Ombudsman Service (FOS) has been given the go ahead by the FCA to increase its maximum compensation award to £375,000 from 1 April.

The regulated financial market failed to protect the British Steel Pension Scheme members, according to a damning report from the National Audit Office (NAO) into the wave of bad advice given to BSPS members.

The FCA has warned regulated firms to take steps to ensure they comply with government sanctions on Russian investments and doing business with Russia.

The FCA halted 1 in 4 firms from entering the retail finance market in a six month period in 2021 as it stepped up its war on scammers.

The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF).