Norwich independent financial adviser Chandler King (City) Limited (FRN 440232) has entered creditors’ voluntary liquidation after agreeing to a voluntary requirement with the FCA in April which restricted its activities.

Some 86% of regulated firms now use AI, according to a joint AI survey from the FCA and the Bank of England, due to be published next week.

Three people have been arrested for insider dealing following a joint operation between the FCA and the National Crime Agency (NCA).

Financial Planner Kerry Nelson, the director of Nexus Independent Financial Advisers Limited and Nexus Investment Managers Limited, and colleague Jacqueline Stephens, the firms’ business operations manager, have pleaded guilty to fraud after four clients lost £2m.

The Financial Conduct Authority is to change its rules on long term investment funds to require investors to give 90 days notice before accessing their money.

• Warning: References to suicide •

The FCA has confirmed that it will review its policy on whistleblowers following the death by suicide of well-known whistleblower Simon Andriesz.

The latest FCA and Practitioner Panel survey indicated firms continue to have “broadly positive” views of the FCA.

• Warning: References to suicide • 

The All-Party Parliamentary Group on Investment Fraud and Fairer Financial Services has today called for an investigation into the FCA’s handling of whistleblowers.

The FCA has appointed three new members to its board including deputy CEO Sarah Pritchard.

Victims of a £1.5m crypto investment fraud will be able to recover lost funds after the FCA obtained confiscation orders against Raymondip Bedi of Bromley and Patrick Mavanga of Peckham, who were jailed for a combined 12 years for their roles in the scam.

The FCA has secured a bankruptcy order against Arthur Temlett, who traded as Abacus Insurance Consultants (FRN 118204) before being restricted by the regulator in January 2025 over fears he may have kept clients’ insurance premiums for himself.

The Financial Services Compensation Scheme has today launched an investigation into City of London-based InterestMe Financial Planning Limited (IMFP) (FRN 542680) which went into administration last week on 24 September.

London-based investment broker ITI Capital Ltd has gone into special administration, three years after the FCA removed its permission to carry out regulated activity.

The FCA has called on financial firms to do more to crack down on money mules, despite 238,396 suspected mules having had their accounts closed in 2025.

Twenty-one Contracts for Differences (CFD) firms have closed since 2025 following a crackdown by the FCA.

The FCA has joined forces with the Money and Pensions Service, The Protection Distributors’ Group and The Association of Mortgage Intermediaries, to help increase the number of consumers taking out protection insurance.

Crispin Odey, founder of Odey Asset Management LLP (OAM), has had his lifetime ban by the FCA upheld by the Upper Tribunal today but his fine has been reduced.

Figures from HMRC show that 760,000 matured Child Trust Funds, worth an average of £2,000 each, remain unclaimed.

Four in five less experienced investors have used AI for help with investing – and around two-thirds of investors overall report turning to AI for investment help occasionally or regularly, according to a new FCA study.