FCA News

FCA publishes Annual Report and Accounts 2020/21

Highlights from this year include us: responding rapidly to the economic impacts of the pandemic issuing guidance to firms ensuring 4.5 million payment deferrals for mortgage and credit customers during the pandemic introducing new rules on home and motor insurance pricing which will save consumers an estimated £4.2 billion over 10 years continuing to focus […]

FCA News

FCA and Payment Systems Regulator publish updated evidence on cash access

The FCA and Payment Systems Regulator (PSR) have published an updated assessment of the UK’s access to cash infrastructure, taking into account the impact of coronavirus (Covid-19), alongside new research on consumers who rely on cash. The findings show that most people have reasonable access to cash through a combination of bank, building society, or Post Office branches and […]

FCA News

Ian Hudson sentenced to 4 years imprisonment for fraudulent trading and carrying on regulated activities without authorisation

Today, at Southwark Crown Court, His Honour Judge Tomlinson sentenced Ian James Hudson to 4 years’ imprisonment for one count of fraudulent trading, with two additional terms of 14 months, each reflecting a breach of s19 FMSA, to run concurrently following his earlier guilty plea. This followed charges laid by the FCA namely carrying on a […]

FCA News

Invxsler Trading LTD (new)

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services […]

FCA News

FCA obtains High Court Order to remove hundreds of HM Land Registry charges, notices and restrictions registered against consumers’ properties by illegal money lender

This application is the latest in several legal proceedings commenced by the FCA against Mr Gopee arising out of his illegal money lending activities. Mark Steward, Executive Director of Enforcement and Market Oversight at the FCA, said: ‘Unauthorised money-lending is a criminal offence and causes serious harm, often to vulnerable communities. Mr Gopee’s offending caused […]

FCA News

FCA proposing changes to streamline decision-making

The FCA is consulting on moving some decision-making from its Regulatory Decisions Committee (RDC) to its Authorisations, Supervision and Enforcement Divisions. This will give greater responsibility for decisions to senior members of FCA staff close to the matters. As part of the FCA’s transformation, the FCA is making changes to ensure that it will continue […]

FCA News

best-isacomparison.com (new)

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services […]