TSB Bank has been fined £48.65m by the FCA and PRA for "operational failures" that led to customers being unable to access banking services.
Read more ...FSCS compensation funding review moves forward
- Wednesday, 14 December 2022
- Articles
The FCA is to review Financial Services Compensation Scheme limits and funding class thresholds in the next step in its plans to improve the compensation framework.
Read more ...Chancellor’s Edinburgh Reforms win industry backing
- Tuesday, 13 December 2022
- Articles
The Financial Planning and wealth management sectors have welcomed radical proposals from the Chancellor to shake-up financial services regulation via the Edinburgh Reforms.
Read more ...MPs show support for personalised guidance
- Monday, 12 December 2022
- Articles
A new personalised guidance regime has moved a step closer to gaining Parliamentary approval following a debate in the House of Commons.
Read more ...Government to scrap the 10% drop rule
- Monday, 12 December 2022
- Articles
The Government is to scrap the 10% drop notification rule as part of The Markets in Financial Instruments Regulations 2022.
Read more ...FCA fines Metro Bank £10m
- Monday, 12 December 2022
- Articles
The FCA has today fined Metro Bank plc £10,002,300 for breaching the Listing Rules by publishing incorrect information to investors.
Read more ...Chancellor to scrap PRIIPs rules among 30 reforms
- Friday, 09 December 2022
- Articles
Chancellor Jeremy Hunt has today announced what he’s called the ‘Edinburgh Reforms’ - major plans to shake up financial services to improve competition and growth post-Brexit.
Read more ...FCA bans 3 bond traders for market manipulation
- Wednesday, 07 December 2022
- Articles
The FCA has provisionally banned three bond traders for market manipulation.
Read more ...FCA to impose extra financial promotion checks
- Tuesday, 06 December 2022
- Articles
The FCA is to impose additional checks on firms approving financial promotions.
Read more ...FCA warns that 80% of CFD investors lose money
- Monday, 05 December 2022
- Articles
The Financial Conduct Authority has warned firms offering investments in Contracts for Difference (CFDs) that it will take swift action in future to prevent consumer harm.
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