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FCA fines Sigma Broking Limited for transaction reporting failures
Sigma Broking Limited (Sigma) has been fined £1,087,300 for failing to submit complete and accurate transaction reports for 5 years. -
FCA seeks improvement to digital loan processes
The FCA found that the design of some digital loan processes lacks positive friction and excludes information consumers need, for example, on cost. -
FCA acts over alleged £23 million unauthorised collective investment scheme
The FCA has begun High Court proceedings over an alleged unauthorised investment scheme involving consumer investments in static homes. -
FCA appoints Liam Coleman as interim chair of the Financial Ombudsman Service
Liam Coleman has been appointed interim chair of the Financial Ombudsman Service. He will take up the role on 10 October 2025. -
H2O Deputy CEO fined £1m and banned from financial services for deliberately misleading FCA
An FCA investigation found that Jean-Noel Alba lacked integrity because he misled the FCA. -
FCA helps people navigate their financial lives with simplified mortgage rules
Borrowers will find it easier to remortgage, saving time and money, under changes confirmed by the FCA. -
Premium hikes driven by claims costs, but insurers told to improve claims handling
The FCA has revealed that while rising motor insurance premiums are largely driven by external cost pressures, shortcomings persist in how some insurers handle claims. -
Protections to help Buy Now Pay Later borrowers navigate their financial lives
Buy Now Pay Later (BNPL) borrowers will benefit from key protections in place for other types of lending, under proposals put forward by the FCA. -
Seven crypto ATMs seized and two arrested on suspicion of running illegal cryptoasset exchange
Two individuals have been arrested on suspicion of money laundering and running an illegal cryptoasset exchange. -
FCA fines Barclays £42 million for poor handling of financial crime risks
The FCA has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial crime risk management – one relating to WealthTek and one relating to Stunt and Co.