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Google UK & Ireland’s letter to the FCA - 26 February 2021
Google UK & Ireland’s Managing Director, Ronan Harris, wrote a letter on 26 February 2021 to the FCA Chairman and CEO about the work Google have been doing to tackle scam advertisements on their platform. -
The House Crowd Limited enters administration
On 24 February 2021, the Directors of The House Crowd Limited, a regulated Peer-to Peer (P2P) firm, placed the Company into administration and appointed Frank Ofonagoro, Jeremy Woodside and Frank Wessely of Quantuma Advisory Limited as Joint -
FCA news and publications now available in a daily email alert
The FCA now publishes a daily news and publications email alert. -
Restrictions placed on Raedex Consortium Limited
On 19 February 2021, the FCA imposed a number of restrictions on motor finance provider Raedex Consortium Limited (Raedex) requiring the firm to cease conducting regulated activities because of concerns about its finances. -
Statement by Mark Steward, FCA Director of Enforcement and Market Oversight, on Woodford Investment Management Ltd and WCM Partners Ltd
We have noted the recent comments by Neil Woodford on his future business plans. This statement sets out our position on specific points on which we have been asked for information. -
Update on Bank of England and FCA Memorandum of Understanding on the supervision of market infrastructure and payment systems
Co-operation supports effective supervision and policy making by sharing information between the regulators and promotes efficiency by minimising duplication on the FMIs. -
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. -
Financial Services Register
The Register is currently unavailable due to technical issues that are being investigated. We are working to restore the Register as quickly as possible. -
Statement on recent share trading issues
Buying shares in volatile markets is risky and you may quickly lose money. These losses are unlikely to be covered by the Financial Services Compensation Scheme. -
FCA asks banks to reconsider branch closures during coronavirus lockdown
Firms are reminded to consider the impact of national restrictions on compliance with the Principles, given our existing guidance on branch closures.