1 in 3 financial services firms censured by regulators
- Friday, 26 July 2024
- Articles
![The FCA's new Consumer Duty has changed the way firms interact with their customers](/media/k2/items/cache/0d13ec58b525d4995fca9bc4b463fd17_Generic.jpg)
Over one in three financial services firms (36%) have been penalised at least once in the past 12 months for failing to meet regulatory requirements, according to a new report.
Read more...FCA fines first crypto firm with penalty of £3.5m
- Thursday, 25 July 2024
- Articles
![Therese Chambers, joint executive director of enforcement and market oversight at the FCA](/media/k2/items/cache/95e8def0102cbff4eadd7d9f3f61fdad_Generic.jpg)
The FCA has issued a £3,503,546 fine to CB Payments Limited (CBPL) for repeatedly breaching a requirement preventing it from offering services to high-risk customers.
Read more...FCA removes permissions from Brentford adviser
- Thursday, 25 July 2024
- Articles
![FCA HQ](/media/k2/items/cache/1b3f63253ac21621d4b515a0ac4e8869_Generic.jpg)
The FCA has cancelled the permissions of Brentford-based Ekara Health Ltd (FRN 940007).
Read more...High Court orders WealthTek to return client assets
- Thursday, 25 July 2024
- Articles
![FCA logo](/media/k2/items/cache/18990acd1ce0af534322d6aec622e32a_Generic.jpg)
The High Court has approved a plan to return client money and customer assets to clients of failed Newcastle-based wealth manager WealthTek.
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