Category : Search result: financial conduct authority


Law Firms Brace for FCA Money Laundering Crackdown

UK law firms prepare for a major anti-money laundering overhaul as the FCA takes over regulation, promising sharper penalties to combat £100bn laundered annually. Get ready for the change.

Money mule cases surge 22% as criminals target youth

FCA reports over 207,889 personal accounts used for money muling in 2024, a sharp 22% rise. Experts warn young people are being lured via social media with fake job ads. Learn the signs and risks.

FCA plan to double credit unions to fight loan sharks

The FCA launches a plan to expand UK credit unions, offering affordable loans to 2 million members. Campaigners demand a Fair Banking Act to force high street banks to invest and protect vulnerable borrowers from illegal lenders.

Labour Launches £2m Fund to Regulate Mutuals Sector

The Labour government launches a £2m fund for a new regulator to oversee mutuals and co-operatives, aiming to boost consumer trust and sector growth. Discover the implications for UK businesses.

Woking Council declares bankruptcy with £1.9bn debt

Woking Borough Council faces financial collapse with a staggering £1.9bn deficit, joining a growing list of UK local authorities in crisis. Discover how risky investments and government funding cuts created this perfect storm.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

SNP MP confronts Tory over antisemitic content sharing

Senior SNP MP Pete Wishart challenges Conservative Bob Blackman in Parliament over sharing content from notorious antisemitic figure, sparking heated debate about MP conduct and social media responsibility.

Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

Police officers face misconduct hearing over custody death

Two Staffordshire Police officers will face misconduct proceedings following the death of a 34-year-old man in custody, as the Independent Office for Police Conduct concludes its investigation into the tragic incident.

Arizona lawmaker's hot mic weight comments spark outrage

Republican Representative Joseph Chaplik faces backlash after being caught on live microphone making derogatory comments about a woman's weight during legislative session, then attempting to play the victim when confronted.

Lloyds faces FCA probe over motor finance practices

The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.

NHS doctor faces second tribunal over Hamas posts

A senior NHS doctor is under investigation for the second time by the General Medical Council over social media comments regarding the October 7th Hamas attacks, raising questions about free speech in the medical profession.

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