Policy and guidance

Armchair detective investors take inspiration from Sherlock Holmes to foil investment scams
Press Releases Published: 21/02/2023 Last modified: 21/02/2023
New research from the Financial Conduct Authority (FCA) has found that a quarter (25%) of investors who avoided a scam are taking inspiration from Sherlock Holmes to stop scammers in their tracks.

FCA seeks views on updating asset management regulation
Press Releases Published: 20/02/2023 Last modified: 20/02/2023
The Financial Conduct Authority (FCA) is seeking views on what regulatory change might help the UK’s asset management industry innovate, better support the investors it serves and boost competition.

FCA takes action against unregistered crypto ATM operators in Leeds
Press Releases Published: 14/02/2023 Last modified: 14/02/2023
The Financial Conduct Authority (FCA) has used its powers to enter and inspect several sites around Leeds suspected of hosting illegally operated crypto ATMs.

FCA censures Amigo for failing to conduct adequate affordability checks
Press Releases Published: 14/02/2023 Last modified: 14/02/2023
The FCA has publicly censured Amigo Loans Ltd for failing to conduct adequate affordability checks on borrowers and guarantors.

FCA starts court process to recover money for investors
Press Releases Published: 07/02/2023 Last modified: 07/02/2023
We have commenced High Court proceedings to recover money for victims of the firm’s unlawful activity.

FCA supports firms through the transition to implementing the Consumer Duty
Press Releases Published: 03/02/2023 Last modified: 21/02/2023
FCA sets out, in letters, the expectations of the Duty and arranges a series of in-person events for groups of small and medium-sized firms.

Financial watchdog blocks thousands of misleading ads
Press Releases Published: 03/02/2023 Last modified: 03/02/2023
Social media remains a major focus for the FCA’s work in combatting misleading financial promotions.

Financial watchdog proposes to ban debt packager referral fees to protect consumers
Press Releases Published: 02/02/2023 Last modified: 02/02/2023
The FCA is to push ahead with proposals to ban debt packager firms from receiving referral fees from debt solution providers, following further analysis of the market.

FCA highlights areas of focus for firms implementing the Consumer Duty
Press Releases Published: 25/01/2023 Last modified: 25/01/2023
With 6 months to go before the Consumer Duty comes into force, the Financial Conduct Authority (FCA) has published a review of how firms are planning to implement the Duty.  

FCA issues statement of objections to 3 money transfer firms
Press Releases Published: 25/01/2023 Last modified: 25/01/2023
In a statement of objections, the Financial Conduct Authority (FCA) alleges that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its parent company Small