Regulatory reprimand for firms seeking to skirt liabilities
FCA particularly concerned about schemes involving consumer redress
FCA
-
-
FCA to tighten rules around promotion of high-risk investments
‘People need clear, fair information and proper risk warnings if they are to invest with confidence’
-
FCA tells European companies to meet its regulatory standards
Watchdog has already cancelled the temporary permissions of four firms
-
UK to strengthen rules on ‘misleading’ cryptocurrency ads
But changes ‘won’t stop the outright scams that have exploded off the back of Bitcoin’
-
FCA splashed out £41,000 for Christmas anti-fraud jingle
Regulator sought ‘innovative approach, using music to helping people avoid being scammed’
-
FCA successor to Andrew Bailey awarded CBE in New Year honours
Christopher Woolard receives accolade for services to financial regulation and technology innovation
-
UK regulator extends 10% drop rule pause
Advice trade body believes the depreciation notice requirement ‘needs further reform in the longer term’
-
FCA to consult on British Steel pension transfer redress
Five months after stating it had ‘insufficient evidence’
-
Gam International Management handed £9.1m fine
And ex-bond manager receives a £230,037 penalty
-
FCA removes permissions of brokerage firm
Company was never authorised ‘to provide investment services’
-
Raymond James acquisition of Charles Stanley delayed
Completion date pushed back as firms do not believe they will get FCA approval in time
-
DB transfers drop 25% in a year
People have been ‘paralysed’ by the pandemic