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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. -
Three individuals face charges for unauthorised sale-and-rent-back schemes
The FCA has started criminal proceedings against 3 people for carrying out regulated activity without authorisation. -
FCA introduces tough new rules for marketing cryptoassets
All crypto firms marketing to UK consumers will need to meet new, tougher advertising standards. -
FCA fines ED&F Man Capital Markets Ltd £17.2m for serious failings which enabled millions in illegitimate tax reclaims
The FCA has fined ED&F Man Capital Markets Ltd (‘MCM’) £17,219,300 for serious failings in its oversight of cum-ex trading. These failings allowed MCM to collect fees for trading strategies designed to enable its clients to illegitimately -
Financial watchdog bans referral fees for debt packagers to help struggling consumers
The FCA is banning certain providers of debt advice from receiving referral fees from debt solution providers. -
Lenders to pay out up to £47m in redress to borrowers in difficulty
We are consulting on proposals to incorporate the temporary coronavirus tailored support guidance (TSG) for credit and mortgages into the Handbook on a permanent basis. -
FCA finds young investors are more likely to have long-term goals in mind when dating than when investing
Our latest InvestSmart campaign encourages young investors to adopt the same principles to investing as they do to their dating lives.