FCA outlines changes to payment safeguarding rules
Consumers will be better protected when they use payment firms, with the introduction of new rules to protect their money from May 2026.
FCA News
FCA imposes fines of nearly £46M on Neil Woodford and Woodford Investment Management
FCA, featured, Neil Woodford
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The FCA has decided to fine both Neil Woodford and Woodford Investment Management (WIM) for management failures.
FCA imposes £1M fine on Sigma Broking for transaction reporting failures
FCA, featured, Sigma Broking
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The UK Financial Conduct Authority (FCA) has fined Sigma Broking Limited £1,087,300 for failing to submit complete and accurate transaction reports.
FCA launches High Court proceedings against Concept Capital Group
Concept Capital Group, FCA, featured
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The FCA has begun High Court proceedings against Concept Capital Group (CCG), Ian Anthony Elliott, Adrian Felix, and Ayub Swaibu.
FCA imposes £1M fine on H2O Deputy CEO
The former deputy chief executive officer of asset manager H2O AM LLP, Jean-Noel Alba, has been fined £1,049,500 by the FCA.
FCA gives James Staley until August 6th to pay £1.1M fine
FCA, featured, James Staley, Jeffrey Epstein, Jes Staley
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The UK Financial Conduct Authority (FCA) has issued a final notice to James Edward Staley regarding a fine of £1,107,306.92.
FCA imposes £42M fine on Barclays for poor handling of financial crime risks
Barclays, FCA, featured
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The FCA has fined Barclays a total of £42 million for separate instances of failings in its financial crime risk management.
FCA, UK Financial Ombudsman Service seek to modernise redress system
FCA, featured, Financial Ombudsman
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The FCA and Financial Ombudsman Service are seeking to modernise the financial redress system to help prevent it becoming overwhelmed.
FCA closes 1,600 websites suspected of promoting financial services without permission
FCA, featured, Forex websites blocked
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Over 1,600 websites suspected of promoting financial services without permission were suspended, removed or blocked in 2024 because of FCA action.
FCA fines online bank Monzo £21 million for failings in financial crime controls
featured, Monzo, UK online bank
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Monzo also repeatedly breached a requirement preventing it from opening accounts for high-risk customers between August 2020 and June 2022.
