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Restrictions placed on Lilium Markets Ltd
On 3 October 2022, we imposed a number of requirements on Lilium Markets Ltd (‘Lilium’), a registered small payment institution, and removed the firm’s ability to provide payment services. -
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. -
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. -
Rowanmoor Personal Pensions enters administration
Rowanmoor Personal Pensions Limited is a Self-Invested Personal Pension operator authorised and regulated by the FCA. -
FCA looks for external experts to help shape its work on ESG issues
The Financial Conduct Authority (FCA) is establishing a new advisory committee to the FCA’s Board to work on Environmental, Social and Governance (ESG) issues, and is looking for expressions of interest from stakeholders to join. -
101 firms in scope of new emergency asset retention rules for British Steel Pension Scheme transfer advice
New emergency asset retention rules now apply to 101 firms who provided pension transfer advice to former British Steel Pension Scheme (BSPS) members. 26 of these firms are subject to an asset restriction -
FCA and PSR, Joint Regulatory Oversight Committee co-chairs, appoint Bryan Zhang as Strategic Working Group Chair
The Joint Regulatory Oversight Committee (JROC) has announced the set-up of a strategic working group (SWG). -
FCA issues an update on switching in the mortgage market
The FCA has today released its latest statement on switching in the mortgages market.