FCA ends private equity consolidation probe with no action
The Financial Conduct Authority concludes its investigation into private equity-backed advice firms without enforcement action. Discover the details and regulatory implications.
Category : Search result: FCA probe
FCA to oversee law firms in money laundering crackdown
UK law firms brace for a major anti-money laundering overhaul as the FCA takes over regulation. Sharper penalties and stricter scrutiny aim to clean up the UK's £100bn dirty money reputation ahead of a 2027 FATF review.
Senate Probes Trump's Kennedy Center Renaming and Management
A Senate investigation alleges the Kennedy Center is being used as a 'slush fund' for Trump allies after its controversial renaming. Discover the details of the financial mismanagement claims.
55% of UK Savers Use AI for Financial Guidance
New research reveals a surge in Brits using ChatGPT for investment decisions, averaging £2,350 per user. Discover the risks and regulatory changes shaping this trend.
Motor Finance Scandal: FCA's £11bn Scheme Faces Backlash
The FCA's motor finance redress scheme faces fierce criticism from both banks and consumer groups. With £11bn at stake and a potential legal battle looming, find out what happens next in 2026.
Staley and Summers named in Epstein will documents
Newly released court documents reveal former Barclays CEO Jes Staley and ex-US Treasury Secretary Larry Summers were appointed as executors of Jeffrey Epstein's estate. Explore the details and implications.
11 PE-Backed Firms Fail UK Climate Disclosure Rules
A new report identifies 11 portfolio companies owned by major private equity firms as non-compliant with UK mandatory climate-related financial disclosures. Discover the firms involved and the regulatory implications.
FCA lifts £100 contactless card payment limit
The UK's financial regulator will allow banks to set their own contactless payment limits from March 2025, removing the £100 cap. Consumers may also set personal limits.
£100 Contactless Card Limit Scrapped in UK
The UK's £100 contactless payment limit will be removed next year, allowing banks to set their own maximums. Find out what this means for your spending and security.
WH Smith Investigated by FCA Over Accounting Woes
The Financial Conduct Authority launches an investigation into WH Smith following accounting errors in its US division. CEO resigns as profit forecasts are slashed.
FCA Scraps £100 Contactless Cap, Banks Set Own Limits
The UK's financial watchdog will let banks set their own contactless payment limits from March 2025, scrapping the £100 cap. Find out how this could boost high street spending.
FCA increases scrutiny of home and travel insurers
The UK's Financial Conduct Authority will intensify oversight of home and travel insurance markets following a formal super-complaint from Which? over poor claims handling and unfair terms. Read the latest.
MAGA Prosecutor Widens Probe into Trump's Intelligence Critics
US Attorney Jason Reding Quiñones expands a controversial investigation into ex-FBI and intelligence officials, drawing accusations of a politically motivated 'fishing expedition'. Experts decry the move.
FCA overhaul could end mandatory annual reviews
The FCA's Consumer Duty overhaul may free wealth managers from rigid annual reviews, focusing on client needs. Discover the future of financial advice in the UK.
FCA boss blames Treasury, MPs for slowing deregulation push
FCA CEO Nikhil Rathi says government and parliamentary delays are hampering pro-growth financial reforms. He calls for statutory timetables to speed up Treasury approvals.
ESG whistleblower Desiree Fixler leaves FCA committee
Desiree Fixler, who exposed alleged greenwashing at DWS, steps down from the FCA's ESG advisory body. Discover the implications for UK financial regulation.
Bill Kingdom, FCA Architect, Dies at 78
Bill Kingdom, the influential civil servant who shaped the UK's Financial Conduct Authority, has died at 78. Read about his pivotal role in financial regulation.
Regulators Scrap Rulebook to Boost Building Societies
UK regulators have torn up the rulebook for building societies, removing key lending limits to drive growth. Discover how this deregulation will impact mutuals and the housing market.
Regulators announce plan to bolster UK mutuals sector
The Bank of England and FCA join the City Minister in Rochdale to launch a regulatory overhaul and new support unit, aiming to help mutuals and co-operatives grow.
Why 2026 is private markets' regulatory reckoning
A wave of new rules from the FCA, SEC, and ESMA is set to transform private equity and venture capital by 2026. Discover the key changes and how firms must prepare now.
Shadow Chancellor criticises FCA for not investigating Treasury
Shadow Chancellor Mel Stride criticises the FCA for not probing Treasury Budget leaks, warning of a dangerous precedent. Read the full details of the political row.
FCA won't probe Rachel Reeves over pre-budget briefings
The Financial Conduct Authority has rejected calls for an immediate investigation into Chancellor Rachel Reeves over pre-budget briefings but will review a Treasury leak inquiry. Full story on the market manipulation claims.
Apex Group to act as intermediary for LSE Pisces market
The London Stock Exchange's Pisces market moves forward as Apex Group is appointed Registered Auction Agent, verifying investors and ensuring compliance for private company share trading.
FCA opens 'safe space' for AI testing in finance
The FCA launches its first AI live testing scheme with NatWest and Monzo. The initiative aims to ensure safe AI deployment in UK financial markets. Read the full story.
68p lawsuit stalls FCA's bond market modernisation plan
A legal battle over a 68p bid has frozen the FCA's bond market data contract, exposing flaws in procurement and delaying vital reforms. Discover the full story and its implications.
FCA lifts motor finance complaints pause ahead of schedule
The City watchdog has ended the freeze on motor finance complaints earlier than planned. Discover the new deadlines and the multi-billion pound implications for lenders and consumers.
JP Jenkins & Sapphire Partner on Pisces Market
JP Jenkins partners with Sapphire Capital, leveraging its new Pisces licence to offer liquidity for private firms like Moju. A major step for UK's private share trading.
FCA to regulate ESG ratings providers in UK
The Financial Conduct Authority will now oversee ESG ratings agencies to tackle transparency and conflict of interest concerns. A consultation is open until March 2026.
FCA pressed to investigate Treasury Budget briefings
SNP demands FCA investigation into Treasury's £20bn fiscal hole claims as OBR reveals no shortfall existed. Read the latest on Budget controversy.
Zelenskyy's key aide Yermak resigns in corruption scandal
Volodymyr Zelenskyy faces political upheaval as chief adviser Andriy Yermak resigns following anti-corruption searches. Analysis of the power shift's impact on Ukraine's war effort.
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