The FCA is to tighten its rules on crypto-asset transfers from 1 September to crack down on money laundering and financial crime.

The Pensions Regulator (TPR) is to introduce new rules from 1 October which will compel defined contribution (DC) pension schemes to declare their policy on investing in illiquid investments.

The latest data from the Financial Conduct Authority shows the regulator hit half of its authorisations operating service metric between April and June.

Some 54 FCA-regulated firms amended or withdrew 1,507 financial promotions or advertising between 1 April and 30 June following intervention by the regulator.