The Latest Breaking News from FCA

NatWest boss Alison Rose quits after admitting Farage leak to BBC

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

The Independent UK · Jul 26, 2023

7.4m people ‘have made failed attempts to contact financial services providers’

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

The Independent UK · Jul 25, 2023

NatWest Group chief faces resignation calls over Nigel Farage leak

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

Evening Standard · Jul 25, 2023

What are the UK rules on access to banking and how are disputes settled?

Everyone has a right to a basic account but banks can deny customers additional services

The Guardian - UK · Jul 19, 2023

Sunak, Braverman and City regulator wade into Farage banking row

FCA chief says banks cannot ‘discriminate’ against political views, but chair argues it’s up to Coutts ‘who they do business with’

The Guardian - UK · Jul 19, 2023

Regulator is ‘ready to go’ to bring buy now, pay later firms under its scope

FCA boss Nikhil Rathi said the regulator will make sure there is proportionate regulation supporting innovation and encouraging responsible lending.

The Independent UK · Jul 19, 2023

FCA warns it will crack down on banks that fail to pass on savings rates

Nikhil Rathi tells Treasury committee there are ways to assess whether customers are being treated fairly

The Guardian - UK · Jul 18, 2023

Savings providers must keep customers informed about available rates – watchdog

FCA boss Nikhil Rathi said firms will need a strategy to ensure customers are adequately informed of available rates across their product set.

The Independent UK · Jul 18, 2023

UK financial regulator faces probe into its effectiveness

The ability of the UK’s financial regulator to do its job is set to come under close scrutiny in a new probe.

Evening Standard · Jul 17, 2023

National Audit Office launches review of financial regulator’s effectiveness

Plans to assess FCA come in light of its growing list of responsibilities including cryptoassets, AI and competitiveness

The Guardian - UK · Jul 16, 2023