Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.

The Financial Reporting Council, the regulator of auditors, accountants and actuaries, has launched investigations into three audit firms over their audits of collapsed mini-bond firm London Capital & Finance plc (LCF).

The Financial Reporting Council has fined and banned a former finance director of RSM Tenon Group for five years after he admitted multiple counts of misconduct.