The Pensions Regulator (TPR) has banned corporate trustee Audax Pension Trust and one of its directors, Edward Martin Kelly, from acting as pension scheme trustees after multiple governance failures.

The FCA has urged financial services firms to be ready for the end of the Brexit transition period on 31 December as it prepares to make 300 updates to its website.

The FCA’s Financial Services Register will be offline for five days from 31 December to 4 January while the regulator makes Brexit-related changes.

The Association of Taxation Technicians (ATT) has backed House of Lords recommendations that unregulated tax advisers be brought into regulation.

Crowd-funder MoneyThing Capital Limited has gone into administration.

The Financial Conduct Authority has fined investment platform Charles Schwab UK Ltd (CSUK) £8.96m for a series of safeguarding and compliance failures.

The FCA is to end the Covid-19 flexibility it has allowed this year on implementing the new Senior Managers and Certification Regime (SMCR).

The FCA has publicly censured fund operator Blue Gate Capital Limited and ordered it to pay £203,007 in restitution to investors who lost money in the Connaught Income Fund, Series 1. 

The Financial Conduct Authority has fined hedge fund chief investment officer Corrado Abbattista £100,000 for market abuse and banned him indefinitely from performing any regulated activity functions.

The Financial Conduct Authority has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26m for poor treatment of consumer credit customers in financial difficulties.