FCA bans former law firm owner for misusing £28m of client money September 15, 2026 The financial watchdog has banned the former owner of London-based law firm Kingly Solicitors from working in financial services after finding he allowed £28m of client money to be misused. The Financial Conduct Authority (FCA) said on Tuesday it has barred Nurul Miah, also known as Neil Mia and Neil Miah, the former owner of [...]
Crispin Odey loses appeal to overturn lifetime financial services ban September 14, 2026 Former hedge fund tycoon Crispin Odey has failed to overturn a £1.8m fine and lifetime ban from working in the financial services industry. The Financial Conduct Authority (FCA) earlier this year hit Odey with the fine and banned him from working in the industry after a series of historic sexual assault allegations from former female [...]
City lawyer pleads not guilty to insider dealing charges September 11, 2026 A City lawyer has pleaded not guilty to five counts of alleged insider dealing for trading in the assets of maternity fashion brand Seraphine Group. The Financial Conduct Authority (FCA) revealed in July that it charged Richard Bloomfield, 38, with allegedly using inside information he obtained while advising on the buyout of London-listed maternity brand [...]
‘Reckless’ pensions advice: Watchdog slaps ex-Quilter rep with huge fine September 3, 2026 The City watchdog has banned a former Quilter adviser from working in finance, accusing him of “recklessly betraying his responsibilities” by offering pensions advice he wasn’t qualified to give. The Financial Conduct Authority (FCA) has given Daniel Thomas – whose DPT Financial Solutions was an approved representative of FTSE 250 wealth manager Quilter – a [...]
Treasury sought to cap motor finance payouts, court filings claim September 1, 2026 The government sought to cap payouts in the motor finance scandal at a level lenders could absorb and the City regulator acted “unlawfully” in failing to protect consumers, new court filings seen by City AM allege. Both the Treasury and Financial Conduct Authority (FCA) are facing fresh scrutiny over the motor finance redress scheme as [...]
SpaceX float ‘could kickstart mega IPO access for British retail investors’ September 1, 2026 SpaceX’s use of the UK’s new public offer platform to raise hundreds of millions of pounds from British retail investors could encourage a wave of large US companies to follow suit, according to one of the brokers that orchestrated the deal. The public offer platform (POP), introduced by the financial watchdog in January, was designed [...]
City firms face FCA clampdown on bullying and harassment September 1, 2026 City bosses are set for fresh scrutiny over the conduct of their staff as the financial regulator extends a clampdown on non-financial misconduct issues like bullying and harassment. After years of consultation, surveys and industry feedback, the Financial Conduct Authority’s (FCA) new rules on non-financial misconduct in non-banking firms take effect on Tuesday for around [...]
Use AI for investing at your own risk, warns watchdog August 27, 2026 The financial watchdog has warned Brits using AI for investment advice that they may not be protected if things go wrong as more people turn to online chatbots. Four in five inexperienced investors admitted to using AI tools for help with their investment decision, according to the latest research from the Financial Conduct Authority (FCA). [...]
FCA bans wealth manager trio behind £35.5m investor visa scam August 26, 2026 The financial watchdog has banned and fined a trio of former wealth managers after discovering they operated a scheme designed to help clients slip past UK investor visa rules. The Financial Conduct Authority (FCA) found that three Dolfin Financial executives had run a scheme designed to create the false impression that visa requirements to enter [...]
Can the Capital Access Window finally revive AIM? August 25, 2026 August is usually a sleepy time for capital markets. Investors head off on their summer jaunts, firms take a breath after a frenzy of results in late July and advisors start mapping out back-to-school plans for September. Not so in the world of regulation. This year, Britain’s watchdogs have introduced what could prove one of [...]