The FCA and sister regulators have this week published a detailed 'Regulatory Grid' outlining revised plans for the next 24 months to allow for the Chancellor's 'Edinburgh Reforms' to be included.

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The Financial Conduct Authority is seeking views on regulatory changes that might help the UK’s asset management industry, as well as better supporting the investors it serves and boosting competition.

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The FCA has launched a drive to support firms through the transition to the new Consumer Duty requirements in July.

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The government says that crypto trading and crypto assets will be "robustly" regulated under new proposals published today.

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Some financial services firms are at risk of being unable to apply the new Consumer Duty rules which come into force in six months, the FCA has warned.

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The Financial Conduct Authority should pay compensation to individuals when it makes regulatory blunders, the Transparency Task Force (TTF) has recommended.

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Fraudster Michael Nascimento, who helped scam £2.8m from elderly and vulnerable people, has been sentenced to an additional almost four years in prison for failing to pay a confiscation order against him.

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Wednesday, 11 January 2023
Articles

Three financial firms, including a Financial Planning firm, have been declared as failed since the start of the year by the Financial Services Compensation Scheme.

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The Financial Conduct Authority has fined Nigerian-owned Guaranty Trust Bank (UK) Limited (GT Bank) £7.67m for “serious weaknesses” in its anti-money laundering (AML) systems and controls.

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The FCA has extended its suspension of the requirement for firms to issue 10% depreciation notifications to investors.

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