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Former CFO and Finance Director guilty of misleading investors in case brought by the FCA, former CEO found not guilty
Timothy Coleman, Redcentric Plc's former Chief Financial Officer, has been found guilty of 4 charges concerning the making of false and misleading statements to the market. -
TFS Loans Limited enters administration
On 8 February 2022 TFS Loans Limited was placed into administration. Allister Manson and Trevor Binyon of Opus Restructuring LLP were appointed as Joint Administrators. -
Finalising LIBOR transition – achievements in sterling markets and what remains to be done
Bank of England, FCA and Working Group set out what more needs to be done and update on how the Working Group will operate in the future -
Interim chairs of FCA and PSR announced
HM Treasury has announced that they have started the search for the next Chair of the FCA. While the search for Charles Randell’s permanent successor concludes, Richard Lloyd OBE will act as interim chair of the FCA from 1 June 2022. Aidene Walsh -
Corporate & Professional Pensions Limited in administration
Corporate & Professional Pensions Limited (Corporate & Professional), is a SIPP operator authorised and regulated by us. We set out the steps clients should take and advice on how to protect against scams. -
Penny James appointed Chair of the FCA’s Practitioner Panel
The Financial Conduct Authority (FCA) has appointed Direct Line Group CEO, Penny James, as Chair of its Practitioner Panel. -
Consumer warning on Falcon Financial Solutions Ltd and Thestral Financial Services Ltd
We have removed permissions from Falcon Financial Solutions Ltd and Thestral Financial Services Ltd. They are no longer permitted to carry out any regulated activities. -
Exchange of letters and work on multiple-occupancy residential buildings insurance
We outline the work we are carrying out in the insurance market for multi-occupancy residential buildings. -
All Flintshire Credit Union enters administration
All Flintshire Credit Union Limited was placed into administration on 25 January 2022 and has now stopped trading. James Sleight and Peter Hart of PKF GM have been appointed as administrators. -
FCA publishes guidance consultation for firms who seek to limit their liabilities
We have seen an increase in the number of firms developing proposals, such as Scheme of Arrangements, to deal with significant liabilities to consumers, in particular redress liabilities.