‘Metro Bank has been fined nearly £17m by the UK’s financial watchdog for failings in its money-laundering controls over four years, in a fresh blow to the lender a year on from its near-collapse.’
The Guardian, 12th November 2024
Source: www.theguardian.com
‘New Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) guidance sets out the regulators’ expectations on interpreting key concepts relevant to change in control.’
OUT-LAW.com, 11th November 2024
Source: www.pinsentmasons.com
‘The founder of the money transfer service Wise has been fined £350,000 for failing to inform the City regulator that he had failed to pay his taxes.’
The Guardian, 28th October 2024
Source: www.theguardian.com
‘Fatima Jama explores the FCA’s new regulatory regime requiring banks and building societies designated by the Government to assess and fill gaps, or potential gaps, in cash access provision that significantly impact consumers and businesses.’
Mountford Chambers, 5th August 2024
Source: www.mountfordchambers.com
‘Manufacturers and distributors of non-investment insurance products may need to re-consider the efficacy of their product value assessments and ensure they are fully aware of their responsibilities to consumers following the findings of a UK Financial Conduct Authority (FCA) thematic review.’
OUT-LAW.com, 2nd September 2024
Source: www.pinsentmasons.com
‘The UK financial watchdog is to investigate whether insurance companies are ripping off “vulnerable” customers who take out policies designed to financially protect them and their families in case of serious illness or death.’
The Guardian, 28th August 2024
Source: www.theguardian.com
‘Solicitors representing clients with claims for mis-sold car finance have expressed frustration at the Financial Conduct Authority’s (FCA) delay in completing its work on the issue.’
Legal Futures, 1st August 2024
Source: www.legalfutures.co.uk
‘Fatima Jama explores the FCA’s proposed new approach to enforcement and increasing the transparency of investigations.’
Mountford Chambers, 2nd May 2024
Source: www.mountfordchambers.com
‘The FCA’s long-awaited anti-greenwashing rule came into force on 31 May 2024. This rule is part of the wider Sustainability Disclosure Requirements regime and reflects the FCA’s strong commitment to ESG and to supporting the Government’s commitment to achieving net zero by 2050.’
Criminal Law Blog, 14th June 2024
Source: www.kingsleynapley.co.uk
‘A recent criminal conviction secured by the Financial Conduct Authority (FCA) in a case of insider trading highlights the UK regulator’s intention to proactively crackdown on cases of market abuse – not just with criminal prosecutions but through the enforcement of regulation too, a former senior market regulator has said.’
OUT-LAW.com, 23rd February 2024
Source: www.pinsentmasons.com
‘The UK government has confirmed that it will legislate for a new regulatory framework for cryptoassets.’
OUT-LAW.com, 31st October 2023
Source: www.pinsentmasons.com
‘The UK chancellor has announced new rules to restrict the practice of ‘de-banking’ amid reports that some banks may have closed customer accounts because of their political beliefs.’
OUT-LAW.com, 25th October 2023
Source: www.pinsentmasons.com
‘The biggest regulatory shake-up of UK retail financial services for two decades will come into force on Monday in an effort to crack down on rip-offs and poor customer service.’
The Guardian, 31st July 2023
Source: www.theguardian.com
‘The UK Financial Conduct Authority (FCA) has set out new rules on how cryptoasset firms can advertise their products, including a cooling-off period for first time investors.’
OUT-LAW.com, 15th June 2023
Source: www.pinsentmasons.com
‘The UK’s financial watchdog has announced plans to shake up its rules in a bid to attract more companies to list shares on UK stock markets.’
BBC News, 3rd May 2023
Source: www.bbc.co.uk
‘The UK government has published draft legislation which would bring the fast-growing “buy now pay later” (BNPL) industry within Financial Conduct Authority (FCA) regulation and bolster protection for consumers.’
OUT-LAW.com, 17th February 2023
Source: www.pinsentmasons.com
‘A decision expected from the Court of Appeal in London could re-open the door for the courts to consider the scope of self-invested personal pension scheme (SIPP) operators’ due diligence obligations under Financial Conduct Authority (FCA) rules, and on their obligations to compensate customers where there have been failings, legal experts have said.’
OUT-LAW.com, 17th February 2023
Source: www.pinsentmasons.com
‘Recent fines issued to two banks by the Financial Conduct Authority (FCA) highlight the regulator’s continued focus on driving compliance with anti-money laundering (AML) requirements in UK financial services, an expert has said.’
OUT-LAW.com, 13th January 2023
Source: www.pinsentmasons.com
‘The UK’s financial regulator is investigating the co-founder of payments company Wise after he failed to pay his taxes.
The Guardian, 27th June 2022
Source: www.theguardian.com
© Inner Temple Library 2024