News

The Financial Conduct Authority (FCA) proposed a “once-in-a-generation change” to the UK’s financial advice market.
More than half of people who have acted on financial advice they came across on social media said they ended up losing money, ...
Britain's Financial Conduct Authority (FCA) said on Thursday it will review existing client categorisation rules to ensure that they are proportionate for professional and retail clients, to boost ...
U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...
On 2 July 2025, the FCA finally issued its long-awaited next steps document (CP25/18: Tackling non-financial misconduct in financial services) on the proposed new guidance on non-financial misconduct ...
Britain's Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to ...
The Financial Conduct Authority shut down more than 1,600 websites in 2024 as part of a major crackdown on unauthorised financial services and online fraud. The regulator also had over 50 apps removed ...
Banks and investment platforms will now be able to make suggestions about where customers could move their money to make it ...
Monzo, a top UK-based digital bank, has been hit with a penalty of £21,091,300 for "inadequate anti-financial crime systems ...
The University of Birmingham is one of the six institutions to receive an award in the Financial Conduct Authority’s ...
The Financial Conduct Authority said serious incidents qualify as misconduct under its rules across the industry.
Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for failings in its ...