The Bank of England has called for regulation for cryptocurrency saying that crypto finance “poses risks to financial stability.”

Financial Planning firms which continue remote or hybrid working following the pandemic will have their arrangements considered on a case-by-base basis by the Financial Conduct Authority (FCA).

The Financial Conduct Authority has warned two IFAs and a stockbroker that they face fines and regulatory action over their alleged role in a £5.9m SIPP pension transfer scam.

The FCA has restricted an authorised firm, Sentor Solutions Commercial Ltd, to prevent it carrying out regulated activities without prior written consent from the regulator.

FCA chief executive Nikhil Rathi has pledged to adopt a tougher approach for the regulator in a speech at the Lord Mayor’s City Banquet at Mansion House last night.

The FCA has banned financial advisory firm director Jon Frensham (formerly known as Jonathan James Hunt) from performing any regulated activity after his conviction for a child sex offence.

The Financial Conduct Authority has rejected an application for authorisation from a Claims Management Company which has been in business since 2006.

Increasing regulatory costs is the biggest hurdle facing Financial Planners in the next 24 months, according to our annual survey.

The Financial Conduct Authority (FCA) has ordered that Cambridgeshire SIPP provider DAC Pensions Limited be placed into insolvency after the firm accepted business from unauthorised introducers without the proper vetting required by the FCA.

The FCA has obtained a bankruptcy order against an unauthorised WhatsApp-based investment adviser after he failed to pay £530,000 in compensation to his victims.