Fca

The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200. The regulator found that, between June 2016 and December 2020, Metro failed to have the right systems and controls to adequately monitor over 60 million transactions, with a value of over £51 billion, for

The Financial Conduct Authority (FCA) has announced new measures to strengthen the UK's position in the bond, derivatives, and asset management sectors.

The Financial Conduct Authority (FCA) has fined Kristo Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager conduct rule. 

The latest enforcement actions and supervisory publications by the Financial Conduct Authority (FCA) indicate the regulator’s renewed interest in market integrity and its expectations on regulated firms to assist it through clear dialogue and reporting, writes Anthony Harrison. Recent enforcem

The Financial Conduct Authority (FCA) has said it is taking targeted action on 'finfluencers' who may be touting financial services products illegally. Twenty individuals are being interviewed under caution, and the FCA has issued 38 alerts against social media accounts operated by finfluencers. Thi

Volkswagen Finance has been fined £5,397,600 by the Financial Conduct Authority (FCA) for failing to treat customers in financial difficulty fairly. The firm has agreed to pay over £21.5 million in redress to around 110,000 customers who may have suffered harm because of its failing

The Financial Conduct Authority (FCA) has fined TSB Bank plc (TSB) £10,910,500 for failing to ensure customers who were in arrears were treated fairly.

The Financial Conduct Authority (FCA) has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening. It also said Starling repeatedly breached a requirement not to open accounts for high-risk customers.

The Financial Conduct Authority (FCA) is has announced plans to strengthen protection for customers of payments and e-money firms in case of business failure. Use of payments firms has grown in recent years, but the FCA says it continues to see poor safeguarding practices from firms.

New rules from the Financial Conduct Authority (FCA) to protect access to cash have come into force and are already having a positive impact in local communities. Since the rules were confirmed in July, LINK, which manages the UK’s cash access and ATM network, has reassessed the needs of local

Which? is urging the Financial Conduct Authority (FCA) to crack down on insurers charging excessive interest rates for monthly premium payments. A new investigation by the consumer group reveals some providers are charging APRs as high as 45%, with an average of over 20% across both car and home ins

The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs are machines that allow you to buy or convert money into cryptoassets.

The Financial Conduct Authority's (FCA) has revealed marked improvements in its authorisations process, with 98% of cases now assessed within statutory deadlines, in its latest annual report.

The Financial Conduct Authority (FCA) has called on banks and other financial institutions to enhance their efforts in aiding individuals struggling to obtain a bank account.

The Financial Conduct Authority (FCA) has revealed it intends to launch a market study into how pure protection insurance products are sold following concerns that competition is not working well in the market.