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The FCA is launching a competition to fund research projects aimed at enhancing growth, competitiveness, and regulation in the UK financial services sector. The Financial Conduct Authority (FCA) has announced…
The FCA has identified improvements needed in how life insurers handle claims and measure customer satisfaction, despite good support for bereaved clients. A recent FCA review of life insurers found…
The FCA has permanently banned Mr. Ari Harris from working in financial services. In July 2020, Mr. Ari Harris was convicted of inflicting grievous bodily harm without intent after stabbing…
The FCA has fined Metro Bank PLC £16,675,200 for failures in its money laundering controls. Between June 2016 and December 2020, Metro Bank failed to implement effective systems and controls…
Two individuals have been convicted for their involvement in a £1.5 million investment fraud, following a prosecution by the FCA. Between February 2017 and June 2019, Raymondip Bedi and Patrick…
The FCA and PSR Boards have appointed Alison Potter as the new chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC). The RDC and…
The FCA is investigating 20 financial influencers (finfluencers) who may be illegally promoting financial products, marking the start of targeted action against misleading online promotions. The FCA has also issued…
The FCA has unveiled new measures in the insurance industry to address rising costs, while the Government launches a motor insurance taskforce aimed at stabilizing premiums. As part of its…