The FCA must move faster on introducing a consolidated tape February 14, 2025 A consolidated tape, bringing together all available data on securities, will make markets more competitive and transparent. The FCA should bring it forward now, says Giovanni Cespa Transparency in market data is universally seen “as a good thing”. However, moves to develop and implement a tool that will address a glaring lacuna in market data [...]
Three ways to fix the regulators and boost growth February 14, 2025 There are signs that tackling regulation is finally getting the focus it needs, but with GDP forecasts looking grim, there’s more to be done, says Leo Ringer The UK is producing world-beating companies in complex, regulated markets like fintech, healthcare, novel foods and autonomous vehicles. But their success is in spite of regulatory frameworks that [...]
Number of FCA complaints about bosses ‘suspiciously’ low February 13, 2025 A recent FOI has revealed a "suspiciously" low number of FCA complaints about senior leaders, writes Lucy McNulty.
‘Imagine if a bank announced this’: Lawyers hit back against FCA email deleting plan February 11, 2025 The City watchdog intentions to delete its emails after 12 months "is very much at odds with what it expects the industry to do", warns lawyers
Number of misleading financial ads removed by regulator doubled in 2024 February 7, 2025 The FCA has said it has stepped up its actions after witnessing a "growing number of misleading and illegal financial promotions" adverts
The FCA’s bond market reforms don’t go far enough February 7, 2025 The FCAs plans to make it easier for companies to issue smaller bonds are a step in the right direction, but if the UK truly wants to unlock its corporate bond market for retail investors, more must be done, says Tim Focas The Financial Conduct Authority’s (FCA) plans to cut red tape around the corporate [...]
FCA threatened with legal action over Shein London listing plans February 3, 2025 A human rights group has threatened the Financial Conduct Authority with legal action if it green-lights Shein's London Stock Exchange float
FCA has the same ‘red flags’ as the Post Office, MPs say in fresh attack February 3, 2025 A parliamentary group on fairer finance has reignited its row with the Financial conduct Authority (FCA) today, comparing the watchdog to the Post Office and accusing bosses of engaging with criticism in a “disappointing, defensive and dismissive” way. In a new report, the All-Party Parliamentary Group on Investment Fraud and Fairer Financial Service, which counts [...]
FCA chief: City firms should get ready for a ‘different relationship’ with us January 28, 2025 City firms should expect a “different relationship” with the Financial Conduct Authority (FCA) and fewer “detailed rules”, as the watchdog rows in behind the government’s drive for growth, its chief executive Nikhil Rathi has said. In an interview with the Following the Rules podcast, the FCA boss warned the regulator was being forced to “rigorously” prioritise its [...]
More borrowers will be paying off mortgage debt into their 70s January 21, 2025 In the first nine months of 2024, 22,103 mortgages with a term of at least 35 years were approved to people aged over 36.