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Seven crypto ATMs seized and two arrested on suspicion of running illegal cryptoasset exchange
Two individuals have been arrested on suspicion of money laundering and running an illegal cryptoasset exchange. -
Overseas Recognition Regimes Memorandum of Understanding
How the Treasury, the Bank of England, the Prudential Regulation Authority and the FCA will co-ordinate the discharge of their respective functions in relation to Overseas Recognition Regimes. -
FCA fines Barclays £42 million for poor handling of financial crime risks
The FCA has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt and Co. -
FCA sets faster targets for authorisations
We plan to speed up processes for firms and individuals seeking authorisation, recognising the potential this has to support UK growth and competitiveness. -
FCA statement on market reforms and what's to come
The FCA is making significant reforms to our capital markets, to maintain the UK's position as one of the most competitive and compelling places to raise capital and invest. -
FCA and PRA cut senior manager regime red tape to help boost growth
Proposed changes to the Senior Managers & Certification Regime will make it more effective and efficient, and drive growth in financial services. -
FCA lowers costs for businesses raising capital in support of growth
Stripped back rules will make it easier for companies to raise the money they need to grow, supporting the UK's leading capital markets. -
Redress system reforms to prevent compensation delays and provide predictability needed for innovation
The FCA and Financial Ombudsman Service are seeking to modernise the financial redress system to help prevent it becoming overwhelmed, delaying consumer compensation. -
Alti Re Limited and Alvarium Fund Managers (UK) Limited enter administration
Alti Re Limited and Alvarium Fund Managers (UK) Limited have entered administration. David Soden and Matthew Mawhinney were appointed joint administrators. -
FCA to modernise rules to unlock investment
The FCA is planning to review its client categorisation rules to unlock more opportunities for wealthy investors and support capital markets, driving economic growth.