The FCA has expanded its whistleblowing team as it launches a campaign to encourage more whistleblowers to report potential wrongdoing at their firms.

More than 1,000 pension savers were hit every working day in 2020 by the Money Purchase Annual Allowance (MPAA), according to new analysis.

The FCA is to extend the Coronavirus freeze on 10% drop notices until the end of the year and will consult on their future in the spring.

Investment fraud victims are suffering £373m of repeat fraud a year and can lose even more than they lost the first time they were conned, according to police data.

The Financial Conduct Authority (FCA) has commenced criminal proceedings against NatWest in respect to offences under money laundering regulations.

The FCA has imposed restrictions on wealth firm Dolfin Financial (UK) Ltd which stop it from carrying out any regulated activities due to concerns about the way it conducts its business.

Representative LIBOR rates will mostly be axed by the end of the year.

The FCA is to launch a new look online invoicing portal on 12 April which will allow users to access their invoices and arrange payment of their fees.

The FCA has scrapped performance-related pay and bonuses for senior FCA executives and is to cut average salaries for executive committee members this year following the £236m collapse of mini-bond provider London Capital & Finance.

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