Financial Conduct Authority

The UK Government has launched a consultation on rewarding whistleblowers who report economic crime such as fraud and bribery. The Government’s move would bring Britain closer to the US model, where financial incentives are used to encourage whistleblowers who provide evidence that helps uncov

The Financial Conduct Authority (FCA) Board has appointed Liam Coleman as chair of the Financial Ombudsman Service, with the approval of the Treasury. Mr Coleman will take up the permanent role on 10 October 2026 for a 3-year term, having served as interim chair for the last year.

FinTech platform Wise is negotiating a settlement with HM Revenue & Customs after errors in its software led to around 4,000 of its investment customers paying the wrong amount of tax. Around 4,000 users of its Wise Assets service were notified that they had been provided with incorrect tax stat

Financial services firms have shut down hundreds of thousands of suspected money mule accounts but need to do more as criminals continue to shift dirty money through multiple bank accounts, according to the Financial Conduct Authority (FCA). The FCA found in a survey that firms have closed

Britain's financial watchdog is considering whether general-purpose artificial intelligence tools such as ChatGPT, Claude and Gemini should come under regulatory oversight as they play an increasingly important role in consumers' financial decisions.

The Financial Conduct Authority (FCA) has urged pension providers to do more to ensure customers with older pension products receive good value, after finding many legacy schemes compare poorly with newer offerings.

Wholesale financial businesses involved in retail markets will find it easier to comply with the Consumer Duty, following proposals from the Financial Conduct Authority (FCA).

For the first time, investors and market participants can access a single, real-time source of prices and trading activity across the UK bond market, following the launch of its bond consolidated tape, operated by ETS Connect UK. Until now, data on bond trades was scattered across multiple sources,

Aviva has received approval from the Financial Conduct Authority (FCA) to provide targeted support to customers. The service, which will launch from summer 2026, is designed to help people make financial decisions through personalised guidance and recommendations, without requiring full financial ad

Scottish Financial Enterprise (SFE) – in partnership with Royal Bank of Scotland, Financial Inclusion for Scotland and the Money and Pensions Service - has launched a new pilot programme, with the support of the FCA, aimed at improving young people’s access to bank accounts and strengthe

Firms will benefit from reduced costs and greater flexibility, and find it easier to comply with the Senior Managers and Certification Regime (SM&CR), following reforms set out today by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).

The Financial Conduct Authority (FCA) announced late yesterday afternoon how their redress scheme arising from commission paid by motor finance lenders to car dealers will operate. Andrew Foyle has the details. The choice to make the announcement after the financial markets had closed mirrored the S

The UK government has announced the creation of a new 'Scale-up Unit' designed to help growing financial services firms navigate complex regulations, in a move aimed at boosting investment and creating high-skilled jobs. Speaking at a conference of regulators and business leaders in Leeds to boost r

A review by the Financial Conduct Authority (FCA) has found that while most Authorised Fund Managers (AFMs) have made efforts to comply with the FCA’s expectations on the design, delivery, and disclosure of their ESG and sustainable funds, further improvement is needed. The FCA is publishing t

To help people to make informed decisions to save, invest and borrow with confidence, the Financial Conduct Authority (FCA) is introducing new screening checks for firms that approve financial adverts. Firms approving financial marketing for unregulated firms will have to demonstrate they have the n