The FCA has confirmed its indefinite ban on Demetrios Hadjigeorgiou, CEO of SIPP and pension-linked discretionary fund manager SVS Securities.

The former CEO of fund manager Blue Horizon Asset Management (BHAM), Paul Taylor, has been fined £489,000 and banned by the FCA from working in financial services after he made attempts to buy a bank and a football club using false statements.

The FCA has provisionally fined Carlos Fuenmayor, chief executive of emerging markets specialist bank BancTrust, £99,600 for failing to disclose three separate matters to the FCA.

The Upper Tribunal, a court of appeal, has upheld FCA decisions to fine and ban a ‘reckless’ adviser and a fund manager.

The FCA has provisionally banned and fined two financial advisers over failings involving £126m of allegedly "flawed advice" pension transfers.

Barclays Bank has been fined £40m for failing to disclose a fund raising deal with Qatari entities in 2008 at the height of the financial crisis in that year.

Challenger bank Metro Bank has been fined £16m by the Financial Conduct Authority for money laundering failings from 2016 to 2020.