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  1. PRA and FCA conclude investigations into senior managers in relation to the 2008 failure of HBOS plc

    Press Releases

    Published: 26/08/2022

    Last modified: 26/08/2022

    PRA and FCA joint investigations into certain former senior managers at HBOS plc have now concluded with a decision by each of the Authorities’ independent decision-makers to take no further action.
  2. FCA looks for external experts to help shape its work on ESG issues

    News stories

    Published: 23/08/2022

    Last modified: 08/06/2026

    The Financial Conduct Authority (FCA) is establishing a new advisory committee to the FCA’s Board to work on Environmental, Social and Governance (ESG) issues, and is looking for expressions of interest from stakeholders to join.
  3. 101 firms in scope of new emergency asset retention rules for British Steel Pension Scheme transfer advice

    News stories

    Published: 22/08/2022

    Last modified: 22/08/2022

    New emergency asset retention rules now apply to 101 firms who provided pension transfer advice to former British Steel Pension Scheme (BSPS) members. 26 of these firms are subject to an asset restriction
  4. FCA responds to complaints into its regulation of Premier FX

    Statements

    Published: 19/08/2022

    Last modified: 19/08/2022

    Response to complaints from people who complained to the FCA after losing money when Premier FX (PFX), a payment services firm, authorised for money remittance, collapsed in 2018.
  5. FCA warns Buy Now Pay Later firms about misleading adverts

    Press Releases

    Published: 19/08/2022

    Last modified: 19/08/2022

    Although some agreements are unregulated the financial promotions of all BNPL products must comply with the rules.
  6. FCA calls on victims of Richard Faithfull to come forward ahead of confiscation hearing

    Press Releases

    Published: 19/08/2022

    Last modified: 08/02/2023

    The FCA has called on victims of Richard Faithfull to come forward by 12 September 2022 in order to ensure they be part of any claim for compensation.
  7. FCA fines Citigroup’s international broker-dealer £12.6m for failures relating to the detection of market abuse

    Press Releases

    Published: 19/08/2022

    Last modified: 05/12/2025

    The FCA has fined Citigroup Global Markets Limited (Citigroup Global Markets) £12,553,800 for failing to properly implement Market Abuse Regulation (MAR) requirements, relating to the detection of market abuse.
  8. IFPR and eligibility for enhanced SM&CR status as a Significant SYSC firm

    Statements

    Published: 16/08/2022

    Last modified: 16/08/2022

    The FCA clarify the definition of ’Significant SYSC firm’ and eligibility for Enhanced Status under the SM&CR regime
  9. FCA encourages market participants to continue transition of LIBOR-linked bonds

    Statements

    Published: 16/08/2022

    Last modified: 16/08/2022

    Action for issuers and bondholders of outstanding LIBOR-linked bonds.
  10. Larry Barreto pleads guilty to carrying on regulated activities without authorisation

    Statements

    Published: 10/08/2022

    Last modified: 10/08/2022

    On 29 July 2022 at Southwark Crown Court, Mr Larry Barreto pleaded guilty to two counts of carrying on regulated activities without authorisation.
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