The court cases brought by the FCA against the 'finfluencers' accused of issuing unauthorised financial promotions have encountered long delays due to issues with court availability.

The average salary at the FCA has risen by an average of 4.8% this year to £71,290, with some younger staff members receiving an 11.2% increase.

The FCA has published rules for a simplified listings regime in its biggest shake-up in over three decades to support a wider range of financial services firms to issue their shares on a UK exchange.

The FCA is to consult on introducing compulsory criminal background checks on firm owners and controllers applying for authorisation from January 2025.