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Open banking takes next step forward with launch of UK Payments Initiative scheme
The UK Payments Initiative (UKPI) will give people more choice about how and when they pay for recurring goods and services. -
Halo Financial Limited enters administration
On 29 May 2026, Halo entered special administration. Louise Longley and Bai Cham of BTG Begbies Traynor (Central) LLP were appointed as joint special administrators. -
Court approves distribution of money recovered from Argento Wealth
The High Court has approved pro rata distribution to eligible investors of money recovered by the FCA from Argento Wealth Limited. Eligible investors must act by 1 August 2026. -
Sukate & Bezeboh Ltd enters administration
On 22 May 2026, Sukate & Bezeboh Ltd (SB Remit) entered administration. Charles Turner and Frank Ofonagoro were appointed as joint administrators. -
Vacancies open for FCA Smaller Business Practitioner Panel
Help shape financial regulation from the perspective of consumers. Apply by 28 June 2026. -
FCA to hold Annual Public Meeting in Edinburgh
FCA's APM will be held in Edinburgh for the first time on 6 October 2026. -
Our response to the Treasury’s policy statement on Consumer Credit Act reform
The FCA's response to the Treasury's policy statement on reform of the Consumer Credit Act 1974 (CCA). -
FCA, Bank of England and Treasury joint statement on frontier AI models and cyber resilience
A joint statement on frontier AI models and cyber resilience. -
Restrictions imposed on Kingscrown Finance Limited
Kingscrown Finance Limited has stopped onboarding new customers or undertaking new business with existing customers – including extending existing credit. -
Legal challenges to motor finance compensation scheme - update for firms and consumers
Following the legal challenges to its motor finance compensation scheme, the FCA is setting out further advice for firms and consumers.