The FCA has fined a former head of JP Morgan’s CIO International £792,900 for “failing to be open and co-operative”.

Complaints against the FCA spiked towards the end of 2015, bringing the total over 12 months to nearly 500.

The FCA has criticised some firms for failing to assess if Contract For Difference products are suitable for clients.

A director whose misconduct contributed to the failure of several insurance schemes and led to FSCS compensation pay outs of £12.7m has been fined £1m and agreed to pay £13m to insurers.

An influential group of MPs should get a veto on firing and hiring new senior FCA and PRA bosses, the chairman of the Treasury Committee says.

A Certified Financial Planner is to step down from her position as a non-executive FCA board member, it has been revealed this morning.

The total levy to fund the FSCS will rise in 2016/17 to £363m.

Twitter management tool Hootsuite has co-produced a guide to help finance firms avoid running into trouble with the FCA over their staff’s social media use.

The way that the Financial Services Compensation Scheme is funded is a “grotesque injustice” against advisers and also unsustainable, the FCA has been told.

The chief executive of HM Revenue and Customs is to leave the organisation after more than four years, it has been announced this morning.