Over 10,000 financial adverts and other promotions were withdrawn or changed last year following intervention from the FCA.

Only 14% of crypto-asset business registrations submitted to the FCA have been approved by the regulator since it became the crypto market supervisor in 2020.

The FCA and its Practitioner Panel are set to launch a joint survey of 25,000 regulated firms shortly to seek feedback on how the FCA is regulating the sector.

Many pension trustees are falling short of the standards of The Pension Regulator’s codes, the regulator has warned.