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  1. Four individuals charged over suspected water scam

    Press Releases

    Published: 22/03/2024

    Last modified: 12/11/2025

    The FCA alleges that the individuals ran an unauthorised investment scheme, which defrauded investors out of £3.9 million.
  2. FCA asks Financial Advisers to review their processes in retirement income support

    Press Releases

    Published: 20/03/2024

    Last modified: 20/03/2024

    We have written to the Chief Executives of financial advice firms asking them to review their processes when providing retirement income advice.
  3. FCA sets out plan for the year ahead

    Press Releases

    Published: 19/03/2024

    Last modified: 19/03/2024

    In its Business Plan for 2024-25, the FCA has set out an ambitious programme of work for the final year of its 3-year strategy to achieve better outcomes for consumers and markets.
  4. FCA joins other regulators to warn firms on debt collection

    News stories

    Published: 18/03/2024

    Last modified: 18/03/2024

    Together with Ofgem, Ofwat and Ofcom, the FCA has set out expectations for firms across markets, as many consumers continue to feel the strain from cost of living pressures.
  5. FCA decides on £5.95m fine and industry ban for Nailesh Teraiya in latest cum-ex case

    Press Releases

    Published: 18/03/2024

    Last modified: 05/08/2025

    Mr Teraiya has referred his Decision Notice to the Upper Tribunal. Any findings in the Decision Notice are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers his behaviour should be characterised.
  6. Convicted money launderer meets confiscation order after imprisonment for failure to pay

    Statements

    Published: 15/03/2024

    Last modified: 15/03/2024

    Money launderer and ex-solicitor, Dale Robert Walker has met his confiscation order, following 62 days' imprisonment for previously failing to pay.
  7. Review of firms' treatment of customers in vulnerable circumstances

    News stories

    Published: 15/03/2024

    Last modified: 08/11/2024

    Under the Consumer Duty, firms should act to deliver good outcomes for all customers, including those with characteristics of vulnerability.
  8. Silverbird Global Limited (SGL) enters special administration

    News stories

    Published: 14/03/2024

    Last modified: 15/03/2024

    On 13 March 2024, Silverbird Global Limited entered special administration. FRP Advisory Trading Limited are administrators.
  9. FCA updates position on cryptoasset Exchange Traded Notes for professional investors

    Statements

    Published: 11/03/2024

    Last modified: 06/02/2026

    The FCA will not object to requests from Recognised Investment Exchanges (RIEs) to create a UK listed market segment for cryptoasset-backed Exchange Traded Notes (cETNs). These products would be available for professional investors, such as
  10. FCA fines financial advice firm and bans Arthur Cobill and William Hofstetter for British Steel Pension Scheme advice and oversight failings

    Press Releases

    Published: 11/03/2024

    Last modified: 11/03/2024

    The FCA has fined Inspirational Financial Management Ltd (IFM), which is in administration, £897,840.
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