Accountancy firm PwC has today been fined £15m for failing to alert the FCA to suspected fraudulent activity at £237m failed mini-bond firm London Capital & Finance plc.

National accountancy firm MHA MacIntyre Hudson, which has a wealth management arm, has been censured by the FCA for failing to notify the FCA of rule breaches by firms it had audited.

The FCA has removed the regulatory permissions of high-risk investment firm Equitrade Markets Ltd (FRN 441877) due to concerns over failures to satisfy the suitability threshold condition.

The FCA has banned insurance adviser Martin Sarl from working in financial services and fined him £5,021 for acting without honesty and integrity.

The FCA has fined Cypriot contract for differences (CFD) firm Forex TB Limited (FXTB) £276,100 for not treating customers fairly and providing investment advice without authorisation.

The FCA says it has found “multiple instances” of cryptoasset firm failing to meet its marketing standards.

London-based investment adviser Osiris Capital Partners LLP (FRN 478159) has had its authorisation revoked by the FCA after it failed to pay the regulator’s fees and levies.

Interventions by the FCA on financial promotions have led to over double the number of promotions being amended or withdrawn by authorised firms in the second quarter of this year.

A simple 'red, amber, green' traffic light system for pension scheme value could bring better clarity to workplace pensions and boost savings but may harm innovation, pensions experts say.

The FCA is to add another 100 roles to its Leeds office, adding close to 50% to the number of staff based at the office.