The Latest Breaking News from Financial Conduct Authority

Planned changes will make it easier for homeowners to modify their mortgages

Homeowners could find it easier to lower the total cost of their borrowing by reducing their mortgage term

The Independent UK · May 7, 2025

Proposals to make mortgage changes easier, faster and cheaper set out by FCA

The Financial Conduct Authority has launched a consultation into its proposals.

Evening Standard · May 7, 2025

Some banks ‘adding to stress’ of bereaved, warns regulator

The Financial Conduct Authority said some banks and building societies have clear policies and procedures but there are areas for improvement.

The Independent UK · Apr 11, 2025

Barclays ex-CEO Jes Staley mounts fight to distance himself from Jeffrey Epstein, contesting the UK regulator banning him from running a bank

The Financial Conduct Authority fined Staley $2.2 million and banned him from senior banking roles after finding he misled regulators about his relationship with Epstein.

Fortune · Feb 27, 2025

Barclays Faces Money-Laundering Investigation

It acknowledged that watchdog Financial Conduct Authority is examining whether the bank's UK division had broken any laws by being too lax

International Business Times · Feb 13, 2025

Financial watchdog in ‘denial’ of problems claim MPs in fresh criticism

A cross-party group of MPs renewed their criticism of the Financial Conduct Authority, as the watchdog denied claims it has not offered to meet them.

Evening Standard · Feb 3, 2025

Racehorse owner John Dance charged with nine offences in ‘serious’ fraud probe

Dance is accused by the Financial Conduct Authority of transferring more than £64 million from client accounts.

Evening Standard · Dec 18, 2024

Head of financial watchdog defends performance after critical report from MPs

Financial Conduct Authority chief executive Nikhil Rathi has defended the organisation after the report by MPs and peers.

The Independent UK · Nov 30, 2024

UK finance watchdog softens ‘name and shame’ plans after City pressure

The Financial Conduct Authority said it is making changes, having ‘heard the strength of feedback’ about its original plans.

The Independent UK · Nov 28, 2024

Barclays drops court battle over 2008 Qatari deals to ‘draw line under’ issue

The bank had been due to challenge the Financial Conduct Authority’s (FCA) decision in the Upper Tribunal court in London this week.

Evening Standard · Nov 25, 2024