FCA set to launch BSPS redress scheme

The FCA is to consult on launching a redress scheme for pension transfer victims of the British Steel Pension Scheme (BSPS) debacle.

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FCA extends 10% drop notice opt out for 12 months

The FCA has extended temporary measures allowing firms to opt out of 10% depreciation notices to investors for a further 12 months to December 2022.

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Ex-FCA director joins Abrdn board

Former FCA non-executive director Catherine Bradley has been appointed as a non-executive director of financial provider Abrdn and will become a member of the company's audit committee from 4 January.

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FCA fines HSBC £64m for money laundering failings 

The FCA has fined HSBC Bank plc (HSBC) £63.9m for long-term failings in its anti-money laundering processes.

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