The Financial Conduct Authority (FCA) has said it is now a “very different regulator” than it was in 2018, as it defended itself against complaints over its handling of the collapse of payment services provider Premier FX.
Read more ...Citigroup fined £12.6m for monitoring failures
- Friday, 19 August 2022
- Articles
The Financial Conduct Authority has today fined Citigroup Global Markets Limited £12.5m for failing to properly implement the Market Abuse Regulation (MAR) requirements.
Read more ...Warning on 'Buy Now Pay Later' loan adverts
- Friday, 19 August 2022
- Articles
The FCA has warned firms that offer Buy Now Pay Later (BNPL) loans that they must comply with the financial promotions rules, even if the agreements are unregulated.
Read more ...PM hopeful Truss mulls financial 'super regulator'
- Thursday, 18 August 2022
- Articles
Liz Truss, the Foreign Secretary and frontrunner to be next Prime Minister, plans to create a merged financial 'super regulator', according to a new report.
Read more ...Growing flak for FCA over £46m Blackmore collapse
- Tuesday, 16 August 2022
- Articles
The Financial Conduct Authority is facing a raft of criticism for its handling of the £46m Blackmore Bond collapse.
Read more ...DWP plans are ‘death knell’ for DB pensions warns LCP
- Tuesday, 16 August 2022
- Articles
Recent proposals from the Department for Work and Pensions on the funding of defined benefit (DB) pension scheme could force many employers to put an end to DB schemes, according to pensions consultancy LCP.
Read more ...IIC launches Consumer Duty assessment
- Friday, 12 August 2022
- Articles
Client insight firm Investor in Customers (IIC) has launched a new Consumer Duty assessment service.
Read more ...FCA hires new international director
- Friday, 05 August 2022
- Articles
The FCA has appointed Home Office director Ruairi O’Connell to be its new director of international as it continues its recruitment drive.
Read more ...FCA has ‘no responsibility’ to monitor unregulated firms
- Friday, 05 August 2022
- Articles
The Complaints Commissioner, which investigates complaints against the FCA, has issued a ruling clarifying that the regulator has no responsibility beyond regulated companies.
Read more ...FCA to tighten appointed rep rules this year
- Wednesday, 03 August 2022
- Articles
The Financial Conduct Authority is to implement new rules to make authorised firms more responsible for their appointed representatives (ARs) from December.
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