FCA
Regulation | 16 Aug 24
PwC fined £15m for not alerting FCA during audit to suspected LCF mini bond fraud
This is the first time the FCA has fined an audit firm
FCA bans and fines insurance adviser for dishonest and reckless conduct
He was found to have failed to pass on insurance premiums from clients to providers, effectively leaving clients without cover
FCA fines Cypriot contract for differences firm over unauthorised advice
The regulator previously took action in 2020 to stop four Cypriot investment firms from continuing to offer high risk CFDs to UK investors
Investment | 31 Jul 24
FCA restricts wealth manager amid some client fees exceeding 65% of portfolio value
The firm had also transferred £1.3m from its bank account throughout the FCA’s ongoing enquiries
Investment | 26 Jul 24
FCA mulls new public offer platform for capital raising amid other UK market changes
There are also new rules giving asset managers greater freedom in how they pay for investment research