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FCA halts 30% more firms over past year

 

The Financial Conduct Authority has halted business at 627 regulated firms in the past year to prevent consumer harm - 30% more than the previous year, according to its annual report and accounts

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FCA avoids bullet as first 7-digit FRNs allocated

The Financial Conduct Authority has avoided potential trouble in identifying firms as it begins to allocate the first seven-digital Firm Reference Numbers (FRNs).

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FCA plans to regulate AI and big tech

The Financial Conduct Authority has outlined plans to regulate financial firms which use AI (artificial intelligence) and financial technology companies.

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2 in 3 Planners expect Consumer Duty boost

Close to two thirds (61%) of Financial Planners believe pension and retail investment products will see a boost from the FCA’s new Consumer Duty.

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