The Financial Conduct Authority (FCA) has issued an urgent alert regarding fraudulent activities mimicking a legitimate advice firm.Fraudsters have been forging the details of Wealth Solutions,…
Recent reforms in the UK equity markets are driving changes, says FCA chair Ashley Alder.In a prominent speech, Alder highlighted significant reforms impacting the UK’s public…
The Financial Conduct Authority has taken a decisive step against Murtaza Ashraf, a former financial adviser from St James’s Place and Tenet.Ashraf’s firm, AWML, sought regulatory…
The Financial Conduct Authority (FCA) has announced a review into consolidation within the advisory sector, sparking significant conversation.While the review highlights concerns about consumer outcomes, it…
The Financial Conduct Authority (FCA) has embarked on a detailed review regarding the consolidation activities of financial advice firms.This review involves communication with CEOs and directors,…
The sustainability disclosure requirements (SDR) by the Financial Conduct Authority (FCA) have been criticised as overly cryptic.Seb Beloe of WHEB Asset Management highlights the complexity in…
Starling Bank, a notable name in the digital banking sector, finds itself under scrutiny after a significant regulatory setback.The Financial Conduct Authority (FCA) has imposed a…
The FCA has imposed a £29m fine on Starling Bank, citing serious compliance shortcomings.Starling Bank reportedly breached guidelines by opening accounts for high-risk individuals.The bank’s inadequate…
In 2024, financial firms face increased regulatory pressure due to heightened scrutiny by the FCA.KPMG UK’s Regulatory Barometer indicates intensified consumer protection oversight.The digital finance reliability…
The Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has raised concerns over inconsistent AML improvements.Legal regulators are urged to increase efforts in reducing illicit funds…
