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FCA charges four individuals with fraud offences relating to failed credit union
The FCA has charged 4 individuals with conspiracy to commit false accounting. 3 face further charges for fraud. -
Vacation Finance Limited enters administration
Vacation Finance Limited has entered administration. Dina Devalia and Frank Wessely of Quantuma Advisory Limited are acting as joint administrators. -
A revision of our market cleanliness statistic methodology
The FCA is improving the accuracy of the market cleanliness statistic (MCS), used in its annual report to measure insider trading. -
Modernising the redress system
The FCA and Financial Ombudsman Service are seeking views on how to modernise the redress system. -
Advice Guidance Boundary Review: November 2024 update
The FCA has set out the next steps in our work on closing the advice gap, following feedback on our Discussion Paper (DP23/5). -
FCA statement on the Chancellor’s Mansion House speech
The FCA supports the Chancellor's vision for achieving growth. -
FCA welcomes move to bring ESG ratings providers into regulation
We have previously said we support bringing ESG ratings providers into regulation, to improve transparency and trust in the market. -
FCA fines and bans Craig Buchan and Martin Cooke for recklessly breaching requirements
Craig Buchan and Martin Cooke, former partners of MedDen Financial Services LLP (MedDen), have been fined £6,037 and £6,020 (respectively) and banned by the FCA for recklessly breaching an asset requirement imposed on the firm. -
FCA welcomes the Treasury’s national payment vision
We share the vision of an innovative, safe and competitive payments sector, embracing technological change to better serve people and business. -
FCA to consult on extending the time motor finance firms have to handle commission complaints
The decision to consult follows the Court of Appeal’s judgment in Hopcraft v Close Brothers Ltd, Johnson v Firstrand Bank Ltd, and Wrench v Firstrand Bank Ltd.