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FCA finds the Covid-19 pandemic leaves over a quarter of UK adults with low financial resilience
The Financial Conduct Authority (FCA) has released its latest Financial Lives survey (FLS), looking at consumers’ financial situations, the financial products they choose and their experiences of engaging with financial services firms. -
FCA launches High Court proceedings against Paul Steel and Jacqueline Foster
The FCA has commenced civil proceedings in the High Court against Paul Steel and Jacqueline Foster. -
FCA report outlines practices firms can consider to reduce consumer harm caused by failed technology changes
A new FCA multi-firm review looks at how firms implement technology change, the challenges caused when changes fail, and steps firms can take to protect consumers from harm and disruption in the market. -
FCA sets out its approach to international firms
The FCA today published its approach to the authorisation and supervision of international firms. -
FCA secures interim restitution order against illegal deposit takers
The Financial Conduct Authority (FCA) has secured an interim restitution order of just over £676,000 against 5 of the 7 defendants accused of carrying on unauthorised deposit taking by accepting money for projects including forex-trading and -
FCA publishes review into unsecured credit market
We have published a report on change and innovation in the unsecured consumer credit market following a Review by former Interim Chief Executive, Christopher Woolard CBE -
FCA issues warning over ‘clone firm’ investment scams
With over £78 million stolen in clone firm investment scams and the number of reports for this scam type on the rise, we warn the public -
Insider dealer Walid Choucair ordered to pay £3.9 million in confiscation
Walid Choucair ordered to pay £4m in confiscation costs in respect of being convicted of five offences of insider dealing. -
FCA proposes CMC fee price cap
We have published proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services. -
Half of reporting firms moved to FCA’s new data collection platform
50% of firms who have previously submitted their regulatory reporting on Gabriel are now using RegData.