The Latest Breaking News from the Financial Conduct Authority

Payment systems watchdog to be axed under move to cut ‘stranglehold’ on firms

The Payment Systems Regulator will be disbanded and merged within the Financial Conduct Authority.

Evening Standard · Mar 11, 2025

Staley sent client information to Epstein while at JP Morgan, tribunal told

Jes Staley is taking legal action against the Financial Conduct Authority at the Upper Tribunal in London.

Evening Standard · Mar 11, 2025

FCA likely to consult on motor finance redress if widespread failings found

Firms would need to offer ‘appropriate compensation’ if a redress scheme is set up, the Financial Conduct Authority said.

Evening Standard · Mar 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

Government expresses support for FCA proposal to review mortgage rules

The Government said it wants the Financial Conduct Authority review to be as ambitious and rapid as possible to help people achieve homeownership.

Evening Standard · Feb 13, 2025

Number of misleading financial ads removed by watchdog doubled last year

False or misleading adverts for compensation claims, cryptocurrency and debt relief products are on the up, said the Financial Conduct Authority.

Evening Standard · Feb 7, 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

City regulators to start oversight of tech firms that provide ‘critical’ services to UK

New powers come amid concerns that cyber-attacks and outages could put the country’s financial stability at risk

The Guardian - UK · Dec 29, 2024

66% of young investors ‘take less than 24 hours to make investment decisions’

Some £550 is being spent on hyped investments on average, according to research for the Financial Conduct Authority.

Evening Standard · Dec 18, 2024

Millions of people could get more support with their pensions under FCA plans

The Financial Conduct Authority expects to consult next summer on new rules to give pension savers targeted support.

Evening Standard · Dec 11, 2024