The FCA has fined Nationwide Building Society £44m for having "inadequate" anti-financial crime systems and controls.

The FCA has scrapped plans to compel investment advisers to set aside funds in advance to compensate investors if bad advice is given.

Reaction to the FCA’s new targeted support proposals announced today has been positive, particularly in relation to the effect it will have on people's attitude to pensions.

The FCA has predicted that over the next decade at least 18m people could be offered extra help with their investments and pensions with the introduction of targeted support.

More than half, some 52% of people, say they would use targeted support if it was available, with the number increasing to two-thirds, 62%, of 25-44 year olds.

The Treasury has reappointed experienced financial services executive Sophie Hutcherson to the FCA Board.

The FCA has confirmed changes to simplify its rules and lower costs for insurers, while saying it is maintaining appropriate levels of protection for smaller commercial customers.

The FCA has today set out new rules for investment product information to allow firms to confidently operate with professional clients who don’t need retail protections.

The FCA is consulting with the industry on a proposal to reduce its fee for overdue or late regulatory returns from £250 to £100.

The Financial Conduct Authority has responded to calls from MPs to investigate the handling of information ahead of the Autumn Budget 2023 and whether it amounts to market abuse.

The FCA is to go ahead with a simplified complaints process to make it easier for firms to report consumer complaints to it.

The FCA is to open applications for a second cohort of live AI testing in January, with participating firms able to start testing in April.

The FCA has imposed its first censure on a professional body, the Institute of Certified Bookkeepers (ICB), for failings in relation to its anti-money laundering supervision.

The FCA has today launched a consultation on its proposed regulatory rules for ESG ratings providers, which it said are designed to ensure that ESG ratings are transparent, reliable and comparable.

The FCA has brought an additional charge of fraud by abuse of position against Mrs Lisa Campbell, an independent financial adviser based in Hampshire.

The FCA has started criminal proceedings against former flatmates Bobosher Sharipov and Bekzod Avazov for insider dealing over a takeover deal.

Sheldon Mills, one of the FCA’s most senior executives, is set to leave his £332,000 a year role at the regulator in the next few months, according to reports.

The FCA has confirmed in a new consultation paper that applications for its new targeted support regime will open in March.

Revenues generated by retail investment intermediaries increased by 6% in 2024 to £5.7bn (2023: £5.3bn). 

The FCA has issued a warning to providers of contracts for difference (CFDs) after its review found that some firms were not meeting its Consumer Duty requirements.