All news on the topic: Financial Conduct Authority

Ukraine imposed sanctions on Alyona Shevtsova last year over alleged links between another of her companies and illegal gambling.

Ukraine sanctioned Alyona Shevtsova last year over alleged links between another of her companies and illegal gambling.

The mayor has cited a “clear and serious breach” of procurement rules.

Alyona Shevtsova, a Ukrainian fintech executive sanctioned at home over alleged fraud, recently appeared as a speaker at a major UK compliance event.

Lloyds Banking Group is gearing up for a lawsuit from more than 30,000 consumers who claim to have been mis-sold car loans, in a sign that they believe that the regulator’s long-awaited redress scheme will favour large banks.

Banking group Close Brothers will slash roughly 600 jobs in the UK and Ireland over the next 18 months to cut down on annual costs by £85 million.

Britain has unveiled a major new anti-corruption strategy aimed at stopping criminals and sanctioned oligarchs from laundering money through the UK, with a particular focus on the lawyers, accountants, bankers and corporate service providers who enable illicit finance.

Victims of the car loans scandal could miss out on more than £4bn in compensation if the City regulator proceeds with plans for an “insulting” interest rate in its redress scheme, consumer groups and claims firms say.

Around 270,000 motorists whose cars have been written off or stolen are owed compensation from insurers due to an error.

Older savers should avoid making rash decisions about their pension cash based on "fear and rumour", experts urged this week.

The Financial Conduct Authority is notifying individuals that it currently does not have a car finance compensation scheme available.

Her name rarely hit the headlines, yet her role in multi-billion financial schemes is more than noticeable.

The digital bank Starling has suffered a 25% drop in annual profits and said it would turn down government guarantees on £28m of Covid loans losses after conceding its own weak controls were to blame.

Officers in West Mercia have played their part in a national crackdown on fraud across the UK which has led to over 400 arrests and the seizure of £7.5 million of cash and assets.

Former Co-operative Bank chairman and ex-Methodist minister Paul Flowers has been sentenced after being found to have abused his position as the executor of a will for a ’vulnerable person’.

Just over seven in 10 (72%) of people who had recently transferred their pension did not know the exact fees for their old pension, or their new charges, according to a survey for People's Partnership, which provides the People's Pension

The Financial Conduct Authority said some firms had charged significantly higher fees for unregulated claims

The FCA banned ”discretionary commission agreements” in 2021 but says there is a ”significant dispute” as to whether firms have breached legal and regulatory requirements

The Financial Conduct Authority (FCA) said fining the business would simply divert away money that could otherwise go to long-suffering investors

The warning comes as part of a clampdown from the UK's financial watchdog on banks offering low savings rates to customers despite the Bank of England's rate rises

The new Consumer Duty will come into force on July 31 for new and existing products and services and is being implemented by the Financial Conduct Authority (FCA)

Under new mortgage guidance, lenders will need to offer support to customers who have missed payments or are worried they may not be able to make payments in future

Consumers who enter a debt solution which is not right for them can face dire consequences and could force them to stay in debt for much longer