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FCA to spearhead Open Banking regulation

The FCA, and its sister body the Payment Systems Regulator (PSR), are to lead a study into setting up a regulator of Open Banking.

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FCA warns on firms with exposure to crypto

The Financial Conduct Authority has published a list of risk areas for regulated firms to consider when dealing with crypto assets.

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Wealth firm fined £150k for failing to supply info to HMRC

An Isle of Man-based wealth management and tax advice firm, AML Tax (UK) Limited, has been fined £150,000 for failing to provide HMRC with legally required information.

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FOS to increase award limit by £20k to £375k

The Financial Ombudsman Service (FOS) has been given the go ahead by the FCA to increase its maximum compensation award to £375,000 from 1 April.

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