The FCA has warned regulated firms to take steps to ensure they comply with government sanctions on Russian investments and doing business with Russia.

The FCA halted 1 in 4 firms from entering the retail finance market in a six month period in 2021 as it stepped up its war on scammers.

The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF).

The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).