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  1. FCA bans Lee Morgan for British Steel Pension Scheme advice failings

    Press Releases Published: 28/06/2023 Last modified: 28/06/2023
    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. 
  2. Adviser Mark Abley pays £106k for poor pension transfer advice

    Press Releases Published: 26/06/2023 Last modified: 26/06/2023
    The FCA has banned Mark Abley of County Capital Wealth Management Ltd (in liquidation) (CCWM) from providing any advice on pension transfers.
  3. Three individuals face charges for unauthorised sale-and-rent-back schemes

    Press Releases Published: 13/06/2023 Last modified: 13/06/2023
    The FCA has started criminal proceedings against 3 people for carrying out regulated activity without authorisation.
  4. FCA introduces tough new rules for marketing cryptoassets

    Press Releases Published: 08/06/2023 Last modified: 08/06/2023
    All crypto firms marketing to UK consumers will need to meet new, tougher advertising standards.
  5. FCA fines ED&F Man Capital Markets Ltd £17.2m for serious failings which enabled millions in illegitimate tax reclaims

    Press Releases Published: 05/06/2023 Last modified: 05/06/2023
    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
  6. Financial watchdog bans referral fees for debt packagers to help struggling consumers

    Press Releases Published: 02/06/2023 Last modified: 02/06/2023
    The FCA is banning certain providers of debt advice from receiving referral fees from debt solution providers.
  7. Lenders to pay out up to £47m in redress to borrowers in difficulty

    Press Releases Published: 25/05/2023 Last modified: 25/05/2023
    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.
  8. FCA finds young investors are more likely to have long-term goals in mind when dating than when investing

    Consumers Scams Press Releases Published: 24/05/2023 Last modified: 24/05/2023
    Our latest InvestSmart campaign encourages young investors to adopt the same principles to investing as they do to their dating lives.
  9. Two brothers convicted for taking £750,000 out of failed investment firm 

    Press Releases Published: 22/05/2023 Last modified: 23/05/2023
    Collateral offered peer-to-peer style investments on a website fraudulently claiming it was FCA-authorised.
  10. FCA and PSR Boards appoint new members to decision-making committees

    Press Releases Published: 18/05/2023 Last modified: 18/05/2023
    The FCA and PSR Boards have appointed two new Deputy Chairs - Margaret Obi and Edward Sparrow - to the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).