FSCS levy forecast to soar to £415m next year
- Thursday, 09 November 2023
- Articles
The total levy to pay for the cost of the Financial Services Compensation Scheme is set to soar by £145m from £270m this year to £415m in 2024/25.
Read more...FCA fines Equifax £11m after 13.8m consumers' data exposed
- Friday, 13 October 2023
- Articles
The Financial Conduct Authority has fined financial data provider Equifax Ltd £11.164m for cyber-security failures which exposed the records of 13.8 consumers.
Read more...FSCS declares ISA and bond provider in default
- Thursday, 12 October 2023
- Articles
The Financial Services Compensation Scheme has declared Cavendish Incorporated Ltd (FRN: 942176) as in default, opening the door for consumer claims against the firm.
Read more...FCA says no fine for LCF despite £237m failure
- Wednesday, 11 October 2023
- Articles
The Financial Conduct Authority has censured collapsed £237m mini-bond provider London Capital & Finance (LCF) for unfair and misleading financial promotions.
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