The Latest Breaking News from FCA

Drax cleared after investigation into sourcing of wood pellets

Generator’s shares rise as regulator finds no evidence of misleading statements about fuel’s sustainability

The Guardian - UK · Jun 18

Stock of interest-only homeowner mortgages fell in 2025 – UK Finance

The interest-only book has shrunk in size each year since the end of the financial crisis, the banking and finance industry body said

Evening Standard · Jun 17

UK payment firms increase compliance spending after FCA imposes record AML fines

Industry data shows that risk and compliance hiring in UK fintech rose for a third consecutive year in 2025. Morgan McKinley reported that financial crime and fraud-related roles were the fastest-growing compliance categories, with London accounting for nearly three-quarters of all UK fintech vacancies heading into 2026.

International Business Times · Jun 16

Car finance payouts could be delayed by years over legal challenges, says FCA

Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdog

The Guardian - UK · Jun 9

Car finance payouts likely to be delayed until at least 2027, warns watchdog

The Financial Conduct Authority said it has already spent more than £20 million developing the plans and that further costs lie ahead.

Evening Standard · Jun 9

FCA aims to help more people such as first-time buyers to access mortgages

The regulator said it believes that some creditworthy people may be currently underserved by the market.

The Independent UK · Jun 8

City watchdog sues Neil Woodford for allegedly offering unauthorised investment advice

Move comes months after the FCA announced plans to ban the former investment star from holding senior City roles after collapse of popular equity fund

The Guardian - UK · Jun 8

FCA seeks injunction against Neil Woodford and investment platform

It comes after the financial regulator provisionally fined Mr Woodford and banned him as a fund manager last year.

Evening Standard · Jun 8

Will AI really make banking better for customers?

AI is changing how people bank, save, borrow and ask for help. It could make finance faster, cheaper – and even more personal. But if customers cannot understand decisions, challenge mistakes or reach a human when things go wrong, “smart” finance may simply become a more efficient way to frustrate…

The Conversation · Jun 8

Global Markets: UK financial regulator softens proposed change to UK money market fund rules

In May the government said it would ‌impose tougher ⁠rules ⁠on money market funds, which were hit by heavy redemptions during a ​COVID-19-induced "dash for cash" and have been a focus of regulators since.

The Economic Times · Jun 8