Fca

The Financial Conduct Authority has launched a market-wide review into claims management companies (CMCs) and law firms, citing mounting concerns that consumers are being let down by aggressive marketing, misleading advertising and unfair exit fees.

The Finance Conduct Authority (FCA) has secured a clearer path for its £9.1 billion motor finance compensation scheme after The Finance and Leasing Association (FLA) joined major banks in declining to mount a legal challenge. The industry body, which represents the UK's motor finance firms, sa

The Financial Conduct Authority (FCA) has led international action to stop illegal finfluencers putting consumers' money at risk. 

The Financial Conduct Authority has fined Wood Group £13 million after concluding that a "poor operating culture" at the Aberdeen-based engineering firm led it to publish misleading financial information to investors over a three-year period.

Millions of motorists could receive compensation under a redress scheme announced by the Financial Conduct Authority (FCA) following widespread mis-selling in the car finance market. However, most people are expected to receive less than £950, and payments will not begin until next year. The F

The Financial Conduct Authority (FCA) has been excoriated as "incompetent at best, dishonest at worst" in a new report from MPs and peers. The culmination of a three-year inquiry involving testimony from 175 individuals, the report highlights the FCA's failure to protect consumers and small business

The FCA has fined Barclays £40 million in total for its failure to disclose certain arrangements with Qatari entities in 2008. This follows Barclays' decision to withdraw its referral of the FCA's planned action to the Upper Tribunal. The action was based on findings which included that Barcla

PwC has been fined £15 million by the the Financial Conduct Authority (FCA) for failing to report suspicions of fraud at now-defunct London Capital & Finance (LCF).

The Financial Conduct Authority (FCA) has fined Equifax Ltd more than £11 million for failing to manage and monitor the security of UK consumer data it had outsourced to its parent company based in the US. The breach allowed hackers to access the personal data of millions of people and exposed

Financial watchdogs should not enjoy immunity from civil suits in cases in which consumers lose out because of a regulator's negligence, MPs have said. An amendment to the Financial Services and Markets Bill has been laid before Parliament by three SNP MPs and will be debated today.

The Financial Conduct Authority (FCA) has published a list of providers it intends to authorise when the pre-paid funeral plans industry comes under its regulation from 29 July. Twenty-four firms are on the list, including the largest funeral plan providers. Together these firms hold approximately 8

In a prosecution brought by the Financial Conduct Authority (FCA), former Rangers owner Craig Whyte has been charged with failing to provide passwords for various laptops and phones. Mr Whyte appeared today at Manchester and Salford Magistrates’ Court, having been arrested at Manchester Airpor

The Financial Conduct Authority (FCA) has received a total of 2,754 separate allegations of misconduct, including fraud, money laundering and compliance complaints, according to official figures. The data, analysed by the Parliament Street think tank and contained in the FCA’s newly publi

The Financial Conduct Authority (FCA) has launched a consultation on potential reforms to the UK Markets in Financial Instruments Directive (MiFID). Along with the Treasury, the regulator is considering reforms to capital markets looking at changes to the UK’s regulatory regime to ensure

Thousands of UK businesses will receive payouts for coronavirus-related business interruption losses after the UK Supreme Court sided with the Financial Conduct Authority (FCA) in a landmark test case. As many as 370,000 UK policyholders, holding 700 types of policies issued by 60 insurers, may be a