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Daniel Pugh sentenced to 7 and a half years in prison for £1.3m Ponzi scheme
Daniel Pugh has been sentenced to 7 years and 6 months in prison for running a £1.3m Ponzi scheme, following a prosecution brought by the FCA. -
Regulators join forces to tackle poor claims management practices
The Financial Conduct Authority (FCA), Solicitors Regulation Authority (SRA), Information Commissioner’s Office (ICO) and the Advertising Standards Authority (ASA) are joining together to tackle misleading advertising and inadequate information -
The FCA and Practitioner Panel 2024/25 survey findings
The FCA and the Practitioner Panel have published a report from their 2024/25 joint survey of FCA regulated firms. -
Individual fined for data protection breach and acquitted of fraud offence
An individual has been convicted for breaching the Data Protection Act, but acquitted of fraud and unauthorised business offences, following a prosecution brought by the FCA. -
Over 270,000 motorists to receive £200m in motor insurance compensation after insurers improve their claims processes
Motor insurers have changed their settlement and compensation practices after the FCA found some insurers had short-changed customers on stolen or written off vehicle claims. -
Communities use rules to successfully maintain access to cash
A new banking hub in Monmouth, Wales, has opened, marking the first anniversary of the FCA’s access to cash rules. -
FCA shares proposals to promote good business practices amongst crypto firms
The FCA is seeking feedback on proposals on the minimum standards crypto firms will need to comply with. -
FCA launches £1 million campaign to raise awareness of motor finance compensation scheme
The FCA is launching a campaign to inform motor finance customers that they don’t need a CMC or law firm to access the proposed compensation scheme. -
FCA cuts more data reporting to benefit 11,000 firms
We’re proposing to make further cuts to data reporting, that will benefit 11,000 retail intermediary firms. -
Proposed contactless changes could increase convenience for consumers
People could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA.