Bitpanda set to shake up UK crypto market after FCA approval February 12, 2025 European crypto platform Bitpanda is set to expand operations across the UK following approval from the City regulator. The Financial Conduct Authority (FCA) has permitted Bitpanda to bring its suite of 500 cryptocurrencies to the UK market. Bitpanda’s entry adds to the increasing pressures across traditional banks as they face competition from the modern abilities [...]
‘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
‘Deregulation is essential’: Starmer vows to slash red tape in bid for growth January 29, 2025 Keir Starmer vowed to deregulate Britain and cut through “thickets of red tape” today as he tried to reboot his government’s handling of the economy following months of anaemic growth and criticism from business. In an article for the Times, the Prime Minister wrote “deregulation is essential” and warned investors were shunning the UK due [...]
How to pick a financial adviser January 29, 2025 In a world of volatile markets and ever-changing regulation, having a financial adviser in your corner could be a shrewd move to protect your finances and ensure that you have enough money for a comfortable retirement. The use of financial advisers in the UK has slowly crept upwards in recent years. In 2022, 8.3 per [...]
FCA chair: Our growth push will test UK’s risk appetite January 20, 2025 The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
FCA looks to ease consumer duty burden as Reeves pushes regulators for growth January 17, 2025 The Financial Conduct Authority (FCA) will look to ease the burden of complying with its stringent consumer duty rules as part of a push to cut red tape in the City and unlock growth. In a letter to the Chancellor Rachel Reeves this week, FCA boss Nikhil Rathi said the regulator would drop a requirement [...]
UK’s top court puts final nail in FCA case against former Julius Baer staff January 6, 2025 The Supreme Court has refused to hear a FCA appeal which brings an end to its unsuccessful case against three former employees of the Julius Baer Group
Exclusive Neil Woodford interview: who he blames for his fund’s collapse December 17, 2024 In his first interview in years, former star manager Neil Woodford makes it clear where he believes the blame for his collapsed fund lies.
Executives of ‘ponzi scheme’ London Capital & Finance liable for damages December 16, 2024 Former executives of LCF are liable in the sum of £180m in damages to investors following a court ruling last month that called it a 'ponzi scheme'