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The Financial Conduct Authority continues crackdown on unregistered crypto ATMs in the UK
Since the start of 2023, the Financial Conduct Authority (FCA) has visited and inspected 34 locations across the UK suspected of hosting crypto ATMs. -
Chancellor's Mansion House speech statement
We welcome the Chancellor’s Mansion House speech and will work closely with the Treasury to support the proposals announced by the Chancellor. -
FCA sets out expectation for fair and competitive saving rates
The meeting with the UK’s largest banks and building society builds on work we have been doing over several months – to monitor the savings markets and the decisions made. -
Asset managers told to review liquidity management in funds
We have reviewed liquidity management in asset managers and found that firms need to increase their focus on liquidity risk. -
Financial regulator sets out further reforms to improve markets and bolster competitiveness
FCA sets out further reforms to help strengthen the UK’s leading position as a global and vibrant financial centre. -
FCA bans Paul Steel for unsuitable defined benefit transfer advice with £850k to be paid in redress
The FCA has banned Paul Steel of Estate Matters Financial Ltd (EMF) from working in financial services. -
FCA warns insurers about support provided to struggling customers
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FCA enable firms to provide mortgage breathing space
The FCA has moved quickly to make changes to its rulebook to support key commitments made by lenders at last week’s mortgage summit held by the Chancellor. -
FCA bans Lee Morgan for British Steel Pension Scheme advice failings
The FCA has banned Denis Lee Morgan of Pembrokeshire Mortgage Centre Limited (in liquidation) (PMC) from advising any customers on pension transfers and pension opt outs, and from holding any senior management function in a regulated firm. -
Adviser Mark Abley pays £106k for poor pension transfer advice
The FCA has banned Mark Abley of County Capital Wealth Management Ltd (in liquidation) (CCWM) from providing any advice on pension transfers.