In the newly created role, Sarah will manage the FCA's expanding remit, support growth and drive reform, the regulator said.

Around 178,000 mortgages have temporarily reduced monthly payments via the new FCA rules.

PISCES is a new type of platform where shares in private companies can be traded. 

The sandbox is open to any financial services firm looking to innovate and experiment with AI.

The FCA’s ban on retail access to cryptoasset derivatives will remain in place.

The regulator has also sent seven cease and desist letters and issued 50 warning alerts.

Dale Jannels, CEO of One Mortgage System, says protecting client data while maintaining efficiency, compliance and customer experience is critical for advisers.

The FCA will confirm within six weeks of the Supreme Court judgment whether it is proposing to introduce a redress scheme. 

The FCA has identified three situations where there was broad support for increased transparency.

Simon Taylor, senior director at Yonder Consulting, says a lack of consumer awareness around Consumer Duty presents an opportunity for banks and building societies to take bold action...