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  1. New FCA rules to protect access to cash already having an impact

    Press Releases Published: 18/09/2024 Last modified: 18/09/2024
    New rules from the FCA to protect access to cash have come into force and are having a positive impact in local communities.
  2. FCA charges first individual with running a network of illegal crypto ATMs

    Press Releases Published: 10/09/2024 Last modified: 10/09/2024
    The FCA has charged Mr Olumide Osunkoya for unlawfully running multiple crypto ATMs without FCA registration.
  3. Oversight of ARs improving but more to do, says FCA

    Press Releases Published: 06/09/2024 Last modified: 06/09/2024
    We set out good practice and areas for improvement to help principal firms effectively monitor their Appointed Representatives.
  4. FCA publishes decisions against 3 individuals, and fines and bans a fourth, for reckless pension transfer advice

    Press Releases Published: 06/09/2024 Last modified: 06/09/2024
    The FCA has decided to ban 2 financial advisers and 2 partners at St Martin’s Partners LLP (SMP) from working in financial services, and collectively fine them £590,544.
  5. FCA’s improved performance set to help UK finance sector thrive

    Press Releases Published: 05/09/2024 Last modified: 05/09/2024
    The FCA has published its Annual Report, which shows significant improvements in its authorisations service.
  6. FCA sets out steps to improve access to bank accounts

    Press Releases Published: 04/09/2024 Last modified: 04/09/2024
    In a new report, the FCA encourages account providers to do more to support those who want a bank account but don’t have one.
  7. FCA announces work into pure protection market

    Press Releases Published: 28/08/2024 Last modified: 28/08/2024
    The FCA will launch a market study into how pure protection insurance products are sold following concerns that competition is not working well in the market.
  8. FCA calls on insurers to ensure they demonstrate fair value and good customer outcomes

    Press Releases Published: 21/08/2024 Last modified: 17/09/2024
    Insurers and brokers have improved governance and oversight of how products are designed, managed, reviewed, and distributed, but many still cannot show how they are providing fair value to customers or that they were receiving good outcomes.
  9. PwC fined £15 million for failing to alert the FCA to suspected fraudulent activity at London Capital & Finance plc

    Press Releases Published: 16/08/2024 Last modified: 16/08/2024
    The FCA has fined PricewaterhouseCoopers LLP (PwC) for failing to report to the regulator their belief that London Capital & Finance plc (LCF) might be involved in fraudulent activity. This is the first time the FCA has fined an audit firm.
  10. FCA censures auditor for failings in client asset reports

    Press Releases Published: 15/08/2024 Last modified: 15/08/2024
    The FCA has censured the auditor Macintyre Hudson for failing to prepare client asset reports to the required standard.