The Financial Conduct Authority has started criminal proceedings against four individuals for conspiracy to commit false accounting, with three facing further charges for fraud.

The FCA is to hold round tables with smaller advice firms in the first half of 2025 over its plans to open the door to cheaper, simplified advice services to enable more consumers to access support at an affordable price.

Two financial advisers whose clients worked in the medical and dental community have been fined more than £6,000 each and banned by the FCA for recklessly breaching an asset requirement imposed on the firm.

Regulators have stepped in to clarify pensions marketing communication after confusion caused by the new Consumer Duty rules and how they affect existing regulations.

Clone scammers have targeted Marks & Spencer’s financial services arm by setting up a fake website to try to con savers.

The FCA has cancelled the Part 4A permission to carry out regulated business of Kent-based IFA The Pentagon Partnership (FRN: 627747).

Challenger bank Metro Bank has been fined £16m by the Financial Conduct Authority for money laundering failings from 2016 to 2020.

The Financial Conduct Authority has banned company director Leigh Mackey from working in financial services and fined him £1,102,879 for misleading the FCA and misusing funds due to insurers.

The FCA has halted regulated business at Hull-based claims management firm (CMC) Prestige Legal Ltd (FRN 915619).

Two individuals running a fake investment scam - which used clone websites and other methods to target investors - have been convicted by the FCA for their roles in a £1.5m fraud.

The FCA has given one of its strongest hints yet that reform of the Consumer Duty is on the way and what direction it might take.

The FCA has today introduced new transparency rules for bonds and derivatives markets which it hopes will give investors more information and reduce costs for firms.

The FCA has warned SIPP operators over a lack of progress on the regulator's concerns that their actions could lead to “harm to individual consumers.”

The FCA has issued a warning notice that it is preparing to take action against high profile fund manager Crispin Odey for demonstrating a "lack of integrity."

The Financial Conduct Authority has banned Steven Hodgson and Paul Adams of Stockton-on-Tees-based Vintage Investment Services from advising customers on pension transfers and opt-outs.

The FCA has fined Kristo Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager conduct rule. 

MCI Global Investments Advisors Limited, which manages the Novus Black alternative investment fund, has entered Creditors’ Voluntary Liquidation.

Firms in the retail investments sector, which includes most financial advice firms, had one of the lowest levels of satisfaction with their relationship with the FCA.

The Financial Conduct Authority has written to investors in Novus Black Fund UK Ltd about "significant losses" not reported to them by the alternative investment fund.

The FCA has halted ISA business at crowd-funding platform Nextcrowd over concerns about potential “serious regulatory breaches.”