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FCA updates guidance for branch closures
The FCA publishes additional guidance on expectations for banks that are considering branch or ATM closures -
FCA fines Sigma Broking Limited £530,000 and bans and fines its former directors following market abuse reporting failures
Sigma Broking Limited (Sigma) has been fined £531,000 for failing to make reports crucial in fighting potential market abuse and three directors have been fined amounts totalling over £200,000, two of whom have also been prohibited. -
FCA research: A quarter of consumers would withdraw pension savings earlier to cover cost of living – making them vulnerable to scammer ‘misdirection’
The FCA launches its latest ScamSmart campaign aimed at giving consumers the knowledge and tools to avoid pension scams -
FCA publishes review of business interruption insurance claims handling
The FCA publishes the latest BI data and sets out examples of good practice and where insurance firms have fallen short of expectations in their handling of BI claims. -
Financial watchdog warns insurers to protect customers’ wellbeing during cost of living squeeze
The Financial Conduct Authority (FCA) has written to insurers urging them to protect customers as the cost of living rises -
Birmingham Inner Circle Community Credit Union Limited enters administration
Birmingham Inner Circle Community Credit Union Limited was placed into administration on 26 September 2022 and has now stopped trading. Dina Devalia and James Varney of Quantuma Advisory Limited have been appointed as joint administrators. -
We consult on new guidance on the trading venue perimeter
We have published a Consultation Paper (CP) proposing new guidance on the regulatory perimeter for trading venues as part of the Wholesale Markets Review (WMR) we have been conducting with the Treasury. -
FCA sets out potential interventions to reform multi-occupancy buildings insurance market
The Financial Conduct Authority sets out a range of recommendations and other potential remedies designed to give leaseholders greater protections from high prices and ensure the buildings insurance market operates better for leaseholders. -
Scams offering to 'write off debts' targeting UK consumers
The unauthorised claims management services say they can write off debts but often charge fees to do so, even when the scheme fails. -
Gloucestershire Credit Union Limited enters administration
Gloucestershire Credit Union Limited was placed into administration on 14 September 2022 and has now stopped trading.