FCA targets 24-hour shut down of scam sites
It comes after national newspaper’s campaign saw thousands hand over personal details online
FCA
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FCA sets out stronger protection rules for retail investors
Firms will have to follow the guidance or ‘face regulatory action’
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UK lifeboat scheme reduces 2021/22 levy to £833m
Lower forecast sparked by delays in Sipp claims and extension of government support for businesses
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FCA struggles to solve open-ended property fund problem
Proposal for new long-term illiquid asset fund would exclude most retail clients
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FCA close to parking investment scam settlement
Over 4,600 investors put £230m in the scheme which promised up to 12% returns
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Insurance giant racks up most upheld complaints
Firm topped the list for claims regarding both pension and investment products
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Changes to UK Mifid rules on the table
FCA looks to amend SME and FICC research along with best execution reports
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FCA secures triple bankruptcy over unauthorised share scheme
They failed to refund £3.6m to their victims
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UK set to impose tougher rules for high-risk investments
‘We have already taken action by banning the mass-marketing of speculative mini-bonds’ says FCA
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PEOPLE MOVES: Aegon, FOS, Enhance Group
Group chief tech officer steps down from pension provider, while UK ombudsman names interim CEO
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FCA stops Cyprus firm from selling CFDs to UK investors
It used a ‘variety of inappropriate techniques’ which included misleading promotion of products
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UK government to pay £120m to stranded LCF bondholders
One investor defines ‘best outcome we could have hoped for’ as ‘hallelujah moment’