The Latest Breaking News from FCA

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’

New “consumer duty” rules introduced by the Financial Conduct Authority (FCA) aim to set clear standards for the protection of financial consumers. Banks, building societies, investment and insurance firms, as well as many other types of business, are being told to “put their customers’ needs first”.

Dame Alison Rose resigns after admitting ‘serious error of judgment’

Nigel Farage says the entire NatWest Board ‘needs to go’ following Dame Alison Rose’s resignation

The Financial Conduct Authority took the estimate from its financial lives survey of more than 19,000 people across the UK.

Dame Alison Rose said she had made a ‘serious error of judgment’

Some adverts may mimic the branding of debt help charities or push people towards solutions that could worsen their problems, charities said.

Regulations could allow wider access to online-only bank accounts – but no-fee balance transfer deals may have to go

This dispute has been going back and forth for years.