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Hastings & Rother Credit Union enters administration
Hastings & Rother Credit Union Limited was placed into administration on 8 August 2023. -
Hamsard 3225 Limited (trading as CLC Finance) enters administration
On 8 August 2023 Hamsard 3225 Limited entered into administration. Robert Maxwell and Julian Pitts of Begbies Traynor (Central) LLP were appointed joint administrators. -
Advice Guidance Boundary Review
The FCA sets out the basis for its joint review of the Advice Guidance Boundary with the Treasury. -
New Chair appointments to FCA’s Markets Practitioner Panel, Practitioner Panel and Listing Authority Advisory Panel
The FCA has appointed Clare Woodman as Chair of the FCA Markets Practitioner Panel, Matt Hammerstein as Chair of the FCA Practitioner Panel, and Mandy Gradden as Chair of the Listing Authority Advisory Panel. -
Financial watchdog wins civil case against Ponzi-like care home investment scheme
The High Court has ruled in favour of the FCA against Robin Forster, the director of a company which took £57 million from 380 investors in an illegal care home investment scheme. -
FCA sets out 14-point action plan on cash savings
Action plan to ensure firms are passing on interest rate rises to savers appropriately, that they’re communicating with customers much more effectively and offering them better savings rate deals. -
Consumer Duty sets higher standards for financial services customers
The Duty sets higher standards of consumer protection. Find out what this means for you and what you should do if your provider isn’t meeting these standards. -
FCA secures Confiscation Order against convicted money launderer
On Friday 28 July 2023, Southwark Crown Court imposed a Confiscation Order against Richard Faithfull following his conviction in September 2021. -
Regulators finalise clearer, more transparent Complaints Scheme
The FCA, the Prudential Regulation Authority (PRA) and the Bank of England have finalised a revised scheme for those who have complaints about the regulators, following a consultation. -
Financial Lives survey highlights importance of the FCA’s Consumer Duty
The FCA has found 7.4 million people unsuccessfully attempted to contact one or more of their financial services providers in the 12 months before May 2022, with the most vulnerable in society most likely to struggle with this. The figure comes from