Metro Bank faces a £16m fine from the UK financial regulator for ineffective transaction monitoring systems, reflecting widespread concerns about financial security.The Financial Conduct Authority (FCA)…
Browsing: FCA
The UK’s Financial Conduct Authority (FCA) has successfully prosecuted two individuals involved in a £1.5 million crypto scam.Raymondip Bedi and Patrick Mavanga targeted at least 65…
A reality TV star previously reprimanded for unauthorized financial promotions is still endorsing cryptoassets.Scott Timlin was accused by the FCA for dangerously promoting financial products to…
The Financial Conduct Authority (FCA) launches a stringent crackdown on social media influencers promoting financial products without proper authorization.Amid rising concerns, the FCA calls attention to…
Starling Bank’s inadequate financial crime controls have culminated in a £29m fine by the FCA, exposing the bank to serious risks.The FCA identified Starling’s failure to…
Shein is evaluating the Midlands for its first UK warehouse as it prepares for a potential London Stock Exchange listing.The company is considering a site between…
Explore the joint efforts by the FCA and government to address the financial advice gap, focusing on strategies to equip employees with the right financial support.The…