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Silverbird Global Limited (SGL) enters special administration
On 13 March 2024, Silverbird Global Limited entered special administration. FRP Advisory Trading Limited are administrators. -
FCA fines financial advice firm and bans Arthur Cobill and William Hofstetter for British Steel Pension Scheme advice and oversight failings
The FCA has fined Inspirational Financial Management Ltd (IFM), which is in administration, £897,840. -
Financial watchdog stops thousands of misleading ads and promotions
The FCA data for 2023 shows it published 2,285 alerts to help prevent consumers from losing their money to scams, up from 1,800 in 2022. -
FCA bans and fines Floris Jakobus Huisamen over London Capital & Finance plc financial promotions
The FCA has fined a former director of London Capital & Finance plc (LCF) £31,800 and banned him from working in financial services. Floris Jakobus Huisamen was responsible for compliance at LCF but recklessly signed off hundreds of financial -
Aviation and Tech Capital Ltd, trading as Ablrate, enters administration
Aviation and Tech Capital Ltd t/a Ablrate, a regulated Peer-to Peer firm, has entered administration. -
Scammers looking to exploit financial stress at Christmas, FCA warns
The FCA warns of the risk of loan fee fraud as almost two-thirds of parents feel pressured to spend above their means at Christmas. -
Rational Foreign Exchange Limited enters special administration
Ed Boyle and Kristina Kicks of Interpath Ltd have been appointed joint special administrators (JSAs). -
FCA fines three money transfer firms for breaking competition law
The FCA has today imposed fines on three money transfer firms after they admitted to fixing prices charged to consumers in Glasgow. -
Personal investment firms that give bad advice to hold capital for redress
Our proposals to require personal investment firms to set aside capital so that they can cover compensation costs. -
Sustainability disclosure and labelling regime confirmed by the FCA
The FCA has confirmed a substantial package of measures to improve the trust and transparency of sustainable investment products and minimise greenwashing.