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FCA and PRA drop fines and ban on ex-CEO

The FCA and PRA have dropped plans to ban and fine a former CEO - accused of paying his wife excessive sums to avoid tax - following a damning Upper Tribunal judgment.

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FCA bans 5 advice firm directors for pension mis-selling

The Financial Conduct Authority has banned five directors of financial advice firms from working in financial services and fined them over £1m.

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FCA CEO defends staff pay packages

FCA CEO Nikhil Rathi has defended the pay packages of staff - some of whom went on strike this week - as “possibly the best package” among UK regulators.

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Investors lose £25m to 'screen sharing' scammers

Investors have lost £25m to screen sharing scams as cases rise 86% year on year, according to the Financial Conduct Authority.

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