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Consumer warning on Unique Funeral Plans and Empathy Funeral Plans
Existing customers of these firms should contact their provider. -
Jury discharged in insider dealing trial without a verdict
Having been unable to reach a verdict in the trial of Stuart Bayes and Jonathan Swann for insider dealing, the jury was discharged. -
FCA response to Amigo’s scheme being approved by the High Court
The High Court has approved Amigo Loans Limited scheme of arrangement to provide redress to customers who are due it for being mis-sold loans and who raise a complaint -
UK authorities look to strengthen resilience of Money Market Funds
The FCA, jointly with the Bank of England, and with the endorsement of the Treasury, has today published a Discussion Paper on Money Market Fund (MMFs) reform. This seeks views to inform the development of MMF reform proposals. The FCA has also -
Obatan LLC
The FCA published an alert in relation to Obatan LLC on 22 April 2022. That alert was removed on 16 May 2022. -
Rainbow Saver Anglia Credit Union Limited enters administration
Rainbow Saver Anglia Credit Union Limited was placed into administration on 18 May 2022 and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co Limited have been appointed as joint administrators. -
FCA reminds consumers of the risks of investing in cryptoassets
We have seen some recent social media posts regarding cryptoassets and non-fungible tokens (NFTs). We cannot comment on individual products. However, as we have said previously, the FCA has not been given regulatory oversight over the direct -
North East Warrington Credit Union enters administration
FSCS will return members’ money within 7 days from when the credit union was declared in default. -
Greenlight Credit Limited (trading as Varooma) enters administration
On 3 May 2022, Greenlight Credit Limited, trading as Varooma, went into administration. Martin Charles Armstrong and Andrew Richard Bailey of Turpin Barker Armstrong were appointed as Joint Administrators. -
FCA stops Alexander David Securities Limited disposing of assets without permission
The FCA has imposed requirements on corporate advisory firm, Alexander David Securities Limited (ADSL), which means it must not dispose of any assets without the written consent of the FCA. Since 29 June 2020, ADSL has not been permitted to