Regulatory

The National Fraud Initiative (NFI) has published its latest report which has identified £14.9 million of public sector fraud in 2020/21.

The All Party Parliamentary Group (APPG) for the UK Crypto and Digital Assets sector has launched an inquiry into the UK's cryptocurrency and digital assets sector.

The Financial Conduct Authority (FCA) has confirmed new rules to make authorised financial firms more responsible for their appointed representatives (ARs).

The Financial Conduct Authority (FCA) has finalised stronger rules to help tackle misleading adverts that encourage investing in high-risk products.

The Financial Conduct Authority (FCA) has fined three former executive directors of Carillion as part of its public censure on the firm.

The Competition and Markets Authority (CMA) has taken action against Royal Bank of Scotland-owner NatWest for breaking parts 2 and 10 of the Retail Banking Order 2017. The CMA wrote a letter to the banking giant, which has agreed to take action to put things in order for customers.

Nearly 600,000 people are now paying less in interest and charges on their credit card debt because of changes made by the Financial Conduct Authority (FCA). In its Annual Report, published today, the FCA has set out how it has worked over the past 12 months to meet its objectives of protecting cons

The Executive Counsel of the Financial Reporting Council (FRC) has fined Grant Thornton UK a total of £520,000 in relation to its statutory audits of the financial statements of Sports Direct International (SDI) for the financial years ended 24 April 2016 and 29 April 2018. Sanctions have also

The Financial Conduct Authority (FCA) has told banks they must treat small business customers fairly when collecting and recovering debts.

The Financial Reporting Council (FRC) has today published a Position Paper setting out the next steps to reform the UK’s audit and corporate governance framework. The paper follows the Government Response to the consultation on strengthening the UK’s Corporate Governance, Corporate Repor

Mike Younger, finance director with Edinburgh-based Ian Macleod Distillers has publicly criticised the Department for Work and Pensions (DWP) after his identity was stolen to claim benefits illegally. Mr Younger received a bill for for almost £700 by the DWP after his national insurance number

HM Treasury has today announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Mr Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has held since 2011. He also chairs the Board of the Interna

A 40-year-old woman has been sentenced to two years imprisonment after embezzling money from two Glasgow-based organisations. Natalie McGarry or Meikle was found guilty of taking almost £25,000 while involved with two pro-independence organisations between April 2013 and November 2015.

UK Finance has called for cross-sector action as its latest fraud report revealed over £1.3 billion was stolen through fraud and scams.

HMRC failed to collect over £30 billion in 2021, according to new figures. Figures published by the tax authority revealed £32bn in tax went unpaid in the 2020-21 financial year. This marks 5.1% of the total that HMRC is owed.