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FCA reveals GFIN Greenwashing TechSprint winners
The FCA hosted the first Global Financial Innovation Network (GFIN) Greenwashing TechSprint Showcase day on 20 September 2023. -
Naylors Finance Limited enters administration
On 18 September 2023 Naylors Finance Limited – a high-cost lending firm – entered into administration. -
Independently East Ltd enters compulsory liquidation
Independently East Ltd entered compulsory liquidation following an application made by the FCA. -
6 Towns Credit Union enters administration
6 Towns Credit Union Limited was placed into administration on 5 September 2023 and has now stopped trading. -
FCA analysing lenders’ fair value assessments
Following concerns that not all savers are getting good deals, the FCA required 9 firms to provide us with their assessments of what value their savings products offer. -
Direct Line to carry out a past business review relating to the FCA's pricing rules
Direct Line Group will carry out a review to identify all instances where a customer has been overcharged and provide appropriate redress. -
Update on the FCA's wholesale data market study
We have published an update report on the wholesale data market study. -
Verex Insurance Services Limited enters administration
On 18 August 2023 Verex Insurance Services Limited entered administration. Gary Pettit of PBC Business Recovery and Insolvency Ltd was appointed as administrator. -
Financial Services & Markets Act 2023 gives FCA new powers to protect access to cash
FCA’s new powers are an important step towards maintaining reasonable provision of cash deposit and withdrawal services. -
FCA sets out expectations for UK cryptoasset businesses complying with the Travel Rule
We set out our expectations for crypto firms to comply with the Travel Rule.