Google has moved to clamp down on ‘unrealistic’ financial advertising following pressure from the FCA.

The Financial Conduct Authority has appointed its first chief data officer among five new appointments announced today as it pushes ahead with its ambition to become a 'data-driven' regulator.

The FCA has secured High Court Approval to return £3.42m to victims of a Ponzi scheme couple who ran a series of unauthorised deposit taking and collective investment operations.

The Financial Conduct Authority (FCA) today published its final guidance on its expectations for firms on the fair treatment of vulnerable customers.

The FCA has imposed a number of restrictions on a car investment scheme provider and ordered it to halt regulated activities because of concern about its finances.

The FCA is to work with the Jersey regulator to review plans by fallen fund manager Neil Woodford to stage a comeback.

There is little doubt that in 2018 the FCA’s call centre was in a mess. Demoralised, poorly trained staff were inundated with a barrage of calls from consumers, some of them angry and abusive, even racist and homophobic.

Redemption is a powerful force and it is likely to be the driving force behind fallen fund manager Neil Woodford’s unexpected comeback plans revealed this week.

Shortcomings at the FCA call centre meant the watchdog failed to take early action on the failed mini-bond firm London Capital & Finance (LCF) despite over 600 calls from worried clients.

Bank of England Governor Andrew Bailey, former CEO of the FCA, is due to be grilled today by MPs about regulation of the £236m failed mini-bond firm London Capital & Finance.