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Sukate & Bezeboh Ltd enters administration
On 22 May 2026, Sukate & Bezeboh Ltd (SB Remit) entered administration. Charles Turner and Frank Ofonagoro were appointed as joint administrators. -
Review of financial promotion approvers finds some firms need to raise standards
Firms that approve financial promotions should be doing more to protect consumers, an FCA review has found. -
Young drivers warned about fake insurance sold on social media
The FCA is warning 17-to 25 year-old drivers about 'ghost broking' scams where criminals sell bogus insurance policies through social media and messaging platforms. -
FCA fines and bans Frank Breuer for serious misconduct in pension transfer advice
The FCA has banned Frank Breuer from working in UK financial services and fined him for repeatedly acting without integrity and putting customers at risk for personal financial gain. -
Restrictions imposed on Kingscrown Finance Limited
Kingscrown Finance Limited has stopped onboarding new customers or undertaking new business with existing customers – including extending existing credit. -
Legal challenges to motor finance compensation scheme - update for firms and consumers
Following the legal challenges to its motor finance compensation scheme, the FCA is setting out further advice for firms and consumers. -
Kanda Products & Services Ltd enters liquidation
On 6 May 2026, Kanda Products and Services Ltd (Kanda) entered liquidation. Philip Harris and Neville Side of FRP Advisory Trading Limited have been appointed as Joint Liquidators. -
FCA to review claims management practices
The FCA is launching a review of the claims management market, following concerns that consumers are being failed by some claims management companies (CMCs) and law firms. -
FCA statement on legal challenges to motor finance scheme
This statement explains why an industry-wide scheme is the quickest way to deliver fair compensation, maintain market confidence, and provides updated advice for consumers. -
Statement on complaints about Wellesley & Co Ltd
The FCA has written to people who complained about how we handled Wellesley & Co Ltd (WCL).