Accounting watchdog: We must regulate so there is ‘a net benefit for UK PLC’ May 7, 2024 The head of the country’s accounting watchdog has said the agency must regulate in a manner that has “a net benefit for UK PLC”.
‘Not convinced’: FCA boss downplays threat of global private equity crisis May 2, 2024 The boss of the Financial Conduct Authority (FCA) has downplayed the threat of private equity to the stability of the financial system despite a volley of warnings from the Bank of England in recent months.
City mounts final push to topple FCA’s ‘name and shame’ plans April 30, 2024 Top City groups have rounded on the Financial Conduct Authority (FCA) again today as a consultation on its controversial plans to ‘name and shame’ firms under investigation comes to a close.
FCA defends ‘name and shame’ plans after City backlash April 29, 2024 The Financial Conduct Authority (FCA) has launched a robust defence of its plans to ‘name and shame’ companies under investigation today after a fierce backlash against the proposed changes in recent weeks.
Law firm mulls legal claim against Home REIT sister fund April 25, 2024 A law firm is considering bringing a legal claim against a Home REIT sister fund, which has collapsed in value and is being investigated by the Financial Conduct Authority (FCA), City A.M. has learned.
The newest finfluencer in town: Neil Woodford April 18, 2024 The former Woodford Equity Income fund manager launched a new blog yesterday called Woodford Views, aiming to "shed some light" on what led to his firm's collapse.
Regulator floats reversal of key part of Mifid II as current rules ‘restrict’ UK asset managers April 10, 2024 It said today that following a consultation, it will open up new doors by giving them more freedom and choice in how they pay, amid concerns it makes UK asset managers internationally uncompetitive.
S&U channels Marcus Aurelius as motor finance lender says it will ‘wrestle on’ April 9, 2024 The specialist auto and property lender has posted a fall in annual profit and lowered its dividend as the firm grapples with higher costs and regulatory pressures.
FCA clamps down on ‘finfluencers’ hiding financial risks in their content March 26, 2024 The Financial Conduct Authority has issued new rules to clamp down on financial influencers, or ‘finfluencers’, hiding the risks of the products they’re promoting. In a report today, the FCA laid out details on how finfluencers and companies on social media should be appropriately including the risks of the products they’re promoting, while also not [...]
SJP shares spike after FCA warns hundreds of firms about poor practice March 20, 2024 This comes after the FCA launched a review into the issue, amid fears some employees were not getting the best pension deal after they retired.