News Muncher - category fca

4 days, 5 hours ago

FCA extends car finance complaints deadline as lenders scramble

The City watchdog has extended the deadline for motor finance lenders to respond to complaints regarding historic commissions on car loans. The Financial Conduct Authority has granted motor finance companies until 4 December 2025 to offer a final response to non-DCA complaints, just as it has done with complaints concerning DCAs. Extension: The FCA has granted motor finance companies until …

Finance Complaints Fca Motor

4 days, 17 hours ago

Racehorse owning City trader John Dance is charged with nine offences in 'serious' fraud probe

Daily Mail

One of the country’s best-known racing tycoons has been charged with nine criminal offences in ‘one of the largest frauds ever investigated’. Wealth manager John Dance allegedly took £64m of clients’ money to ‘fund a lavish lifestyle’ including buying racehorses, according to the financial watchdog. McDonald and trainer Karl Burke Dance allegedly took £64m of clients’ money to ‘fund a …

Dance Fraud Horse Fca His Horse Three Counts Laurens

1 week, 4 days ago

Millions of people set to get more support with their pensions under new plans

The Independent

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Financial …

Support Advice Financial Money Pension Guidance Investments

1 week, 4 days ago

Finance watchdog warns ‘we can’t stop everything’ if chancellor’s plan unleashes more fraud

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Financial Conduct Authority chief executive Nikhil Rathi told Parliament’s …

Financial Sign Fca

2 weeks, 3 days ago

Former IOA top official Rajeev Mehta elected Secretary General of Fencing Confederation of Asia

Deccan Chronicle

New Delhi: Former Indian Olympic Association's top official Rajeev Mehta has been elected as the Secretary General of the Fencing Confederation of Asia, as he becomes the first administrator from the country to hold this position. Mehta was elected as FCA Secretary General during the organisation's General Assembly in Tashkent, Uzbekistan on December 1. Mehta's election as FCA Secretary General …

General Mehta Secretary General Secretary Fca Ioa Official Rajeev

2 weeks, 5 days ago

Shein wouldn’t be the first controversial company to list in London

The Independent

Financial Conduct Authority chief Nikhil Rathi appears to have given Shein the green light on its controversial plans to list its shares in London. Talking to the Financial Times, Rathi said decisions on whether companies can join the stock exchange are based on their disclosures and not “on every aspect of their corporate behaviour”. Rathi, however, said plenty of London’s …

Companies List Fca Shein Rathi London Stock Legal Difficulties

3 weeks, 5 days ago

City watchdog branded ‘incompetent’ and ‘toxic’ by its own staff

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A report by a group …

Fca

3 weeks, 6 days ago

Estimated 7m UK adults own cryptoassets, says FCA

The Independent

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Around seven million adults in the UK own cryptoassets, according to estimates published …

Indytech Fca Cryptoassets

3 weeks, 6 days ago

Call to get crypto regulated as FCA reveals 7M Britons now own some

Daily Mail

Around 7m British adults own cryptocurrencies such as bitcoin, the City watchdog revealed as it set out plans to regulate the industry. The number of crypto investors in the UK has increased from nearly 5m or 9 per cent of adults in 2021 to around 12 per cent of the population. The number of crypto investors in the UK has …

Crypto

4 weeks, 1 day ago

Why Jes Staley’s Epstein links are back to haunt the City

The Telegraph

On a cold, wet Monday morning in central London, Jes Staley mounted an attempt to clear his name. The American-born former boss of Barclays bank began his legal fight to undo a lifetime ban from holding positions of power in the City, as a case management hearing took place on Nov 18 and 19 in the High Court. The 67-year-old, …

Fca Epstein Staley

1 month ago

Life insurers must avoid unnecessary delays with claims, says City regulator

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We expect all life insurers to act on our …

Insurance Life Good Cover Fca Firms Insurers

1 month ago

Andrew Bailey to give evidence in Jes Staley trial on Epstein ban

The Telegraph

The FCA’s investigation began in 2019 under Mr Bailey, who ran the City regulator until he left to become Bank governor in March 2020. Both men will give evidence about meetings they attended regarding the FCA’s preliminary investigation into Mr Staley’s relationship with Epstein in late 2019. Mr Staley led Barclays from 2015 until 2021 when he stepped down after …

Fca Staley Barclays Mr Bailey Mr Epstein Mr Staley

1 month, 1 week ago

Issues with mass financial complaints to be put under spotlight

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The City regulator and the …

Complaints Fca Fos Professional Representatives Mass Redress

1 month, 1 week ago

New probe launched after car dealers got busted charging secret commission – here’s what it could mean for you

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s finance watchdog will …

Finance Car Commission Claim Fca Car Dealers

1 month, 1 week ago

A $21 bn question in UK: Should buyers decide whether car dealers get commission from financing banks?

Firstpost

The Financial Conduct Authority in Britain has been pressing the Supreme Court to expedite a decision to allow lenders to appeal a crucial judgment that could possibly pave the way for a multi-billion pound consumer redress scheme linked to motor finance commissions Financial Conduct Authority's logo is seen at their head offices in London, Britain. Britain’s Financial Conduct Authority is …

Finance Consumer Commission Banks Britain Fca

1 month, 2 weeks ago

The letter you must write NOW (and what to say) to win £1,100 for being mis-sold your car loan

Daily Mail

Motorists who have taken out a loan from a car dealership to buy a vehicle should contact it now – as millions could be in line for a payout worth an average of £1,100. A landmark court ruling late last month found that anyone who took out a car loan for a new or second-hand vehicle can claim back any …

Car Loans Loan Commission Vehicle Your Car Paid

1 month, 3 weeks ago

Financial watchdog warns it will ‘take action’ against Crispin Odey

The Independent

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit Fca Odey Mr Odey Odey Am

1 month, 3 weeks ago

Wise boss fined £350,000 over failure to report ‘significant tax issue’

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The boss of London-listed money …

Tax Issue Sign Fca Wise Mr Kaarmann Kaarmann

1 month, 4 weeks ago

Column: A Trump judge just overturned the government’s most effective anti-fraud tool, which has stood for 160 years

LA Times

Supreme Court Justice Clarence Thomas, who previously expressed doubts about a whistleblower law, opening the door to the law’s being declared unconstitutional by a Trump judicial appointee and Thomas protégé. The latter didn’t have to show that they had suffered any harm themselves from the slavers’ activities, which made the 18th century rules “a virtual dead ringer for the FCA’s …

Law Supreme Court Medicare Fraud Court Congress Trump

2 months ago

Finfluencers need to check they are not breaking the law, City regulator warns

The Independent

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Finfluencers need to check the products they promote to ensure they are not …

Social Media Financial Influencers Indytech Fca Law City Finfluencers

2 months ago

Volkswagen Finance fined £5.4m after taking cars away from vulnerable people

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Volkswagen’s car finance arm has …

Finance Sign Customers Fca Volkswagen Vulnerable People Volkswagen Finance

2 months, 1 week ago

Study to probe whether people who borrow to pay for insurance receive fair deals

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Graeme Reynolds, director of competition at the FCA, said: …

Insurance Costs Premium Fair Fca Motor Fair Value

2 months, 1 week ago

City watchdog probes monthly car and home insurance payments

Daily Mail

FCA probing whether customers are being overcharged to pay in instalments The Financial Conduct Authority has launched a market-wide probe into whether households are being overcharged to pay for car and home insurance in instalments. Probe: The FCA has launched a probe into whether consumers are being overcharged to pay for car and home insurance in instalments Shares in Admiral, …

Finance Insurance Pay Premium Cent Probe Customers

2 months, 1 week ago

Red tape has inflated our headcount by 40pc, bank boss says

The Telegraph

Red tape brought in by regulators after the financial crisis to protect consumers has gone too far and is poorly targeted, a bank boss has warned. The chief executive of Saxo UK said the growing regulatory burden on banks since the crash has come with “significant costs” that harm competition. Andrew Bresler, who heads up the UK subsidiary of Danish-headquartered …

Saxo Uk 40Pc Bank

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Articles for Fca

FCA extends car finance complaints deadline as lenders scramble

Racehorse owning City trader John Dance is charged with nine offences in 'serious' fraud probe

Millions of people set to get more support with their pensions under new plans

Finance watchdog warns ‘we can’t stop everything’ if chancellor’s plan unleashes more fraud

Former IOA top official Rajeev Mehta elected Secretary General of Fencing Confederation of Asia

Shein wouldn’t be the first controversial company to list in London

City watchdog branded ‘incompetent’ and ‘toxic’ by its own staff

Estimated 7m UK adults own cryptoassets, says FCA

Call to get crypto regulated as FCA reveals 7M Britons now own some

Why Jes Staley’s Epstein links are back to haunt the City

Life insurers must avoid unnecessary delays with claims, says City regulator

Andrew Bailey to give evidence in Jes Staley trial on Epstein ban

Issues with mass financial complaints to be put under spotlight

New probe launched after car dealers got busted charging secret commission – here’s what it could mean for you

A $21 bn question in UK: Should buyers decide whether car dealers get commission from financing banks?

The letter you must write NOW (and what to say) to win £1,100 for being mis-sold your car loan

Financial watchdog warns it will ‘take action’ against Crispin Odey

Wise boss fined £350,000 over failure to report ‘significant tax issue’

Column: A Trump judge just overturned the government’s most effective anti-fraud tool, which has stood for 160 years

Finfluencers need to check they are not breaking the law, City regulator warns

Volkswagen Finance fined £5.4m after taking cars away from vulnerable people

Study to probe whether people who borrow to pay for insurance receive fair deals

City watchdog probes monthly car and home insurance payments

Red tape has inflated our headcount by 40pc, bank boss says