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Bank of England, FCA, PRA and PSR conduct 2023 review of Memorandum of Understanding for payment systems in the UK
The Bank of England, the Financial Conduct Authority, the Prudential Regulation Authority and the Payment Systems Regulator have a joint-authority Memorandum of Understanding (MoU). -
FCA finds concerns over insurers’ valuation of written-off or stolen vehicles
The Financial Conduct Authority (FCA) has identified shortcomings in how some motor insurance firms are valuing written-off or stolen vehicles. -
FCA warns firms and finfluencers to keep their social media ads lawful
Guidance for memes, reels and gaming streams promoting financial services has been published by the FCA today. -
2024 fines
Enforcement fines published in 2024. -
Panel appointments: Statement of Policy by the FCA
Our Statement of Policy on panel appointments states our policy for appointing members to our statutory panels, in accordance with the Financial Services and Markets Act 2000. -
Update for consumers on Philips Trust Corporation
We provide an update for consumers on our work relating to the administration of Philips Trust Corporation. -
Four individuals charged over suspected water scam
The FCA alleges that the individuals ran an unauthorised investment scheme, which defrauded investors out of £3.9 million. -
FCA asks Financial Advisers to review their processes in retirement income support
We have written to the Chief Executives of financial advice firms asking them to review their processes when providing retirement income advice. -
FCA sets out plan for the year ahead
In its Business Plan for 2024-25, the FCA has set out an ambitious programme of work for the final year of its 3-year strategy to achieve better outcomes for consumers and markets. -
FCA joins other regulators to warn firms on debt collection
Together with Ofgem, Ofwat and Ofcom, the FCA has set out expectations for firms across markets, as many consumers continue to feel the strain from cost of living pressures.