Related topic: FCA

The Tribunal found that it was appropriate for the FCA to impose penalties of £265,071 on Burdett and £47,600 on Goodchild.

Rathi also admitted "modest distress" risks from loosened mortgage lending rules in his latest interview.

The fine was imposed after Howson withdrew his challenge to the FCA’s decision. 

We spoke to Andrew Gething, managing director of MorganAsh, about the progress of financial services in embedding the principles of Consumer Duty, how firms can improve their...

The proposals would also introduce a new FCA permission regime for firms wishing to act as principal. 

The FCA's roadmap is grouped into four themes: expanding access for first-time buyers, enhancing later life lending, enabling innovation, and protecting vulnerable customers.

Housing remains one of the few consistent bright spots in a subdued UK economy, the Association says.

20% of UK consumers (10.9 million adults) have used BNPL and the market will be subject to Consumer Duty rules from July.

One individual, a chief financial officer, has been fined for passing inside information about a major upcoming deal.

Perenna has also partnered with savings and investment platform, Raisin, to launch its retail savings proposition.