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The Financial Conduct Authority (FCA) has fined Standard Chartered Bank £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. The penalty is the second largest financial penalty for AML controls failings ever imposed by the FCA.

A cocaine addicted financial controller has admitted embezzling hundreds of thousands of pounds for a second time to fund her lavish lifestyle. Kerryanne Clarke from Coatbridge pled guilty at Glasgow Sheriff Court to taking more than £250,000 from Bell Building Projects in Govan using company

The FBI has placed a Scottish businessman on its infamous "most wanted" list for allegedly defrauding customers and financial institutions in the US.

Perth-based energy giant SSE has agreed to sell a 16-megawatt onshore wind farm in Scotland to GE Financial Services, a unit of General Electric Co. Under the deal, GE will own and operate the 10-turbine project near Hawick when construction is finished in the first half, Perth, Scotland-based SSE s

Former NatWest chairman and financial regulator Sir Howard Davies has launched a scathing attack on the UK's banking framework, claiming that post financial crisis ring-fencing was a "completely useless regulatory intervention" that has "emasculated UK investment banking." Speaking as ministers weig

The Society of Pension Professionals has warned that millions risk a retirement shortfall because UK policy treats pensions and housing separately. The paper, titled Home Truths: Rethinking Retirement Wealth, highlights a critical structural mismatch in the UK economy.

The Financial Conduct Authority (FCA) hopes changes to its IPO rules will make listing on the Stock Market a more appealing prospect for companies. The changes, which are the culmination of a lengthy consultation process, are designed to allow the UK listings market to compete more effectively with

Transaction reporting requirements become smarter, simpler and more proportionate under new rules from the Financial Conduct Authority (FCA).

The Financial Conduct Authority (FCA) has published a package of reforms designed to improve transparency, strengthen access to market-wide information and support confidence in UK equity markets.

Steven Mearns, director of TaxAssist Accountants, and Kris Urquhart, director of Brimmond Financial Planning, have teamed up to lodge plans for a £2 million commercial development in Westhill.

Grandparents planning to provide regular financial support to their grandchildren may need tens of thousands of pounds more in pension savings to avoid compromising their own retirement, according to new analysis from Skipton Building Society.

The Financial Reporting Council (FRC) has published its 2026 Annual Review of Audit Quality, concluding that while audit quality continues to improve across the UK market, significant differences remain between firms. The report highlights the importance of firms' Systems of Quality Management (SoQM

Edinburgh-based financial planning firm Seven Street Wealth has announced a long-term succession plan after increasing turnover by 40% and expanding its team in the three years since completing a management buyout. The independent wealth management business, which advises individuals, families, trus

PwC has been fined more than £3.2 million after the Financial Reporting Council (FRC) found serious failings in its audits of defence contractor Babcock International Group.

Chancellor Rachel Reeves used her annual Mansion House speech in London last night to set out a new Financial Services Growth and Competitiveness Strategy, pledging to move the UK away from "risk-averse regulation" and towards what she called "regulating for growth". The centrepiece of the announcem