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In 2023, the Financial Conduct Authority (FCA) intervened to withdraw or amend over 10,000 financial advertisements and promotions, marking a 17% increase from the previous year. The FCA also ramped…
The Financial Conduct Authority (FCA) has launched criminal proceedings against Guy Flintham for committing fraud by false representation and for carrying out regulated activity without authorisation. In a recent development,…
On January 15, 2024, Aviation and Tech Capital Ltd, trading as Ablrate (Ablrate), a regulated Peer-to-Peer (P2P) entity, officially entered into administration. The administration process is being overseen by joint…
The Financial Conduct Authority (FCA) has recently named Daniel Godfrey as the chair and Julia Dreblow as the vice-chair of a newly established working group dedicated to enhancing expertise in…
In 2021, the FCA implemented a ban on discretionary commission arrangements, eliminating the incentive for brokers to raise interest rates on motor finance for customers. Following this, the FCA urged…