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  1. Barclays fined £783,800 and agrees to make a voluntary payment to Premier FX customers

    Press Releases

    Published: 28/02/2022

    Last modified: 28/02/2022

    Barclays failed to make enquiries to ensure that Premier FX’s actual business activity aligned with Barclays’ expectations and did not identify that Premier FX’s internal controls were deficient.
  2. FCA appoints new Head of Leeds Office as it recruits 200 roles as part of Transformation

    Press Releases

    Published: 28/02/2022

    Last modified: 28/02/2022

    William Hague, the FCA’s former Chief People Officer, will lead on setting up our new office in Leeds.
  3. FCA Final Notice to Finablr plc

    Statements

    Published: 25/02/2022

    Last modified: 25/02/2022

    We have issued a Final Notice to the firm in accordance with section 390(1) of the Financial Services and Markets Act.
  4. Oakam (also trading as Loal) enters administration

    News stories

    Published: 24/02/2022

    Last modified: 24/02/2022

    Oakam Ltd (trading as Oakam and Loal) was placed into administration on 24 February 2022. Andrew Tate and James Hopkirk of Kreston Reeves LLP have been appointed as joint administrators.
  5. Recent statements by Bitpanda GmbH (Bitpanda)

    Statements

    Published: 22/02/2022

    Last modified: 22/02/2022

    We are aware of recent statements made by Bitpanda announcing the acquisition of Trustology Limited.
  6. New financial sanctions measures in relation to Russia

    Statements

    Published: 22/02/2022

    Last modified: 28/03/2022

    Following the Prime Minister’s statement to the House of Commons on 22 February 2022, the UK has announced a tranche of sanctions on Russia.
  7. Strathkelvin Credit Union enters administration

    News stories

    Published: 22/02/2022

    Last modified: 22/02/2022

    Strathkelvin Credit Union Limited was placed into administration on 22 February 2022 and has now stopped trading. Dina Devalia, Simon James Bonney and Ian William Wright of Quantuma Advisory Limited have been appointed as joint administrators.
  8. Statement on funeral plan provider applications

    Statements

    Published: 15/02/2022

    Last modified: 15/02/2022

    From 29 July 2022, the Financial Conduct Authority (FCA) will regulate funeral plan providers, following a change in the law.
  9. Safe Hands Plans withdraws application for authorisation

    News stories

    Published: 15/02/2022

    Last modified: 22/05/2023

    Safe Hands Plans Limited has withdrawn its application to the FCA for authorisation as a funeral plan provider. Safe Hands Plans will not be taking on new customers. Do not buy a new funeral plan from this firm.
  10. FCA secures contract changes for buy-now-pay-later customers

    Press Releases

    Published: 14/02/2022

    Last modified: 14/02/2022

    The Financial Conduct Authority (FCA) secures changes to potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay.
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