The government has introduced draft legislation to bring Environmental, Social and Governance (ESG) ratings providers under the remit of the FCA.

The FCA has launched an investigation into ‘fixed rate return’ bond provider the Moneda Capital Group and is investigating a number of people associated with the business.

In this regular column for Financial Planning Today, Dr Matthew Connell, director of policy at the Personal Finance Society, looks at plans to limit complaint.

The FCA has stripped West Sussex-based IFA Rhoss Dancey (FRN: 666823), trading as RDI Wealth Management, of its permissions to carry out regulated business.

The cumulative impact of regulatory change is diverting time and resources away from other priorities, according to a new survey of members of wealth management trade association PIMFA.

Four in five (79%) financial advisers and wealth managers have seen an increase in compliance expenditure over the past year, according to a new report.

The FCA has shared plans to streamline its Consumer Duty rules following stakeholder input.

The FCA is ‘working hard’ to shorten the timeframe for enforcement investigations to boost confidence in the financial services sector, according to senior FCA executive Therese Chambers.

The FCA has proposed further cuts to data reporting requirements by reducing the frequency of submissions for selected sections of the Retail Mediation Activities Return (RMAR).

The FCA is not planning on developing any additional regulations concerning the use of artificial intelligence (AI) by financial services firms.