News
Search results
Showing 121 to 130 of 1301 search results.
-
Financial watchdog proposes to ban debt packager referral fees to protect consumers
The FCA is to push ahead with proposals to ban debt packager firms from receiving referral fees from debt solution providers, following further analysis of the market. -
FCA issues statement of objections to 3 money transfer firms
In a statement of objections, the Financial Conduct Authority (FCA) alleges that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small -
FCA highlights areas of focus for firms implementing the Consumer Duty
With 6 months to go before the Consumer Duty comes into force, the Financial Conduct Authority (FCA) has published a review of how firms are planning to implement the Duty. -
Five individuals face conspiracy to commit insider dealing and money laundering charges
The FCA has started criminal proceedings against 5 individuals for conspiracy to commit insider dealing and money laundering. -
Michael Nascimento sentenced for failing to pay confiscation order
Mr Nascimento has been sentenced to an additional almost four years in prison for failing to pay a confiscation order made against him. -
FCA penalises Al Rayan Bank PLC for anti-money laundering failures
We have fined Al Rayan Bank for failing to put in place adequate anti-money laundering (AML) controls. -
Financial watchdog consults about protections for insurance customers in financial difficulty
The FCA is proposing to update guidance, introduced during the Covid-19 pandemic, to support insurance customers in financial difficulty. -
FCA fines Guaranty Trust Bank (UK) Limited £7.6 million for further failures in its anti-money laundering systems and controls
The Financial Conduct Authority (FCA) has fined Guaranty Trust Bank (UK) Limited (GT Bank) £7,671,800 for serious weaknesses in its anti-money laundering (AML) systems and controls between October 2014 and July 2019. -
Highlights of the FCA’s approach in 2022
The FCA set out a new three-year strategy in April designed to improve outcomes for consumers and markets. -
TSB fined £48.65m for operational resilience failings
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (“TSB”) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks,