The Latest Breaking News from FCA

Watchdog thought to be including guidance on its ‘fit and proper’ test for non-financial misconduct

After a row over the closure of his bank account earlier this year, former politician Nigel Farage has hit out at the UK financial regulator for saying it has found no recent evidence of customers being “de-banked” over their personal views.

The regulator is taking a closer look at why people do not have a bank account and an apparent high range of declines for those seeking basic banking.

The FCA added that, unlike in some other jurisdictions, “there is no right to an account in the UK”

Watchdog launched inquiry after row over Coutts’s handling of Nigel Farage’s account

Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes

The regulator said financial promotions can significantly influence consumers’ understanding of the market.

Rolling coverage of the latest economic and financial news, as Brent crude hits its highest level of 2023

The Mizoram Assembly has passed a resolution opposing the Forest (Conservation) Amendment Act, 2023. Aside from special Constitutional protections in Mizoram and Nagaland, the Act is applicable in the rest of India’s Northeast. In 1996, the Supreme Court expanded the term ‘forest land’, such that the Forest Rights Act also…