The FCA has approved the first Long Term Asset Fund (LTAF) with Schroders becoming the inaugural provider.

The FCA and sister regulators have this week published a detailed 'Regulatory Grid' outlining revised plans for the next 24 months to allow for the Chancellor's 'Edinburgh Reforms' to be included.

The Financial Conduct Authority is seeking views on regulatory changes that might help the UK’s asset management industry, as well as better supporting the investors it serves and boosting competition.

The FCA has launched a drive to support firms through the transition to the new Consumer Duty requirements in July.

The government says that crypto trading and crypto assets will be "robustly" regulated under new proposals published today.

Some financial services firms are at risk of being unable to apply the new Consumer Duty rules which come into force in six months, the FCA has warned.

The Financial Conduct Authority should pay compensation to individuals when it makes regulatory blunders, the Transparency Task Force (TTF) has recommended.

Fraudster Michael Nascimento, who helped scam £2.8m from elderly and vulnerable people, has been sentenced to an additional almost four years in prison for failing to pay a confiscation order against him.

Three financial firms, including a Financial Planning firm, have been declared as failed since the start of the year by the Financial Services Compensation Scheme.

The Financial Conduct Authority has fined Nigerian-owned Guaranty Trust Bank (UK) Limited (GT Bank) £7.67m for “serious weaknesses” in its anti-money laundering (AML) systems and controls.