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FCA cracks down on illegal finfluencers
We have launched targeted action against finfluencers who may be touting financial services products illegally. -
FCA imposes restrictions on Business Agent Limited from regulated activities over 'Nextcrowd' failings
The FCA has placed restrictions on Business Agent Limited. -
FCA fines Volkswagen Finance £5.4m over treatment of customers in financial difficulty
The FCA has fined Volkswagen Financial Services (UK) Limited (Volkswagen Finance) £5,397,600 for failing to treat its customers in financial difficulty fairly. -
FCA launches premium finance market study alongside new Government insurance taskforce
The FCA has announced a package of work in the insurance market amid concerns about rising prices, alongside the launch of the Government motor insurance taskforce. -
Extension to motor finance complaint handling pause confirmed
We have extended the pause to the deadline for motor finance firms to provide a final response to customer complaints regarding discretionary commission arrangements (DCA) until 4 December 2025. -
FCA publishes update on cash savings market and fair value
We have published an update on the actions we have taken since our July 2023 cash savings market review, and the work we have done with the largest 9 firms on the value they provide. -
City & Merchant Limited enters liquidation
On 11 September 2024, City & Merchant Limited entered liquidation with Dermot Coakley and Shaun Walker of WSM Marks Bloom LLP appointed as joint liquidators. -
FCA sets out steps to improve access to bank accounts
In a new report, the FCA encourages account providers to do more to support those who want a bank account but don’t have one. -
Facet Investment Management Limited enters administration
On 23 August 2024, the director of Facet Investment Management Limited (Facet) placed the firm into administration. -
Central Markets Investment Management Limited enters liquidation
Dominik Thiel-Czerwinke and Louise Donna Baxter of Begbies Traynor (Central) LLP were appointed as joint liquidators.