Compliance & Regulation

The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have ditched their joint investigations and will not be taking action against former senior HBOS managers employed during the bank's collapse...

The cost of the average insurance scam hit a record of more than £12,000 in 2021 as more than £1bn in fake claims were caught, according to data from the Association of...

Robo-advice is the top target of firms aiming to disrupt the financial services industry through the Financial Conduct Authority’s (FCA) Innovation Pathway, the regulator has revealed. The subject topped the list of...

A serial fraudster who used the identities of his partner, family and colleagues to make 15 fake travel insurance claims worth more than £75,000 has been jailed for 16 months. Joshua Moorcroft...

The Financial Conduct Authority (FCA) is requiring its staff to spend at least 40% of their working time each month in the office. Senior leaders are being encouraged to spend a minimum...

The Financial Conduct Authority (FCA) is recruiting external experts for its new environmental, social and governance (ESG) advisory committee, but is excluding people from firms it regulates. The committee will help the...

Advisers are warning Liz Truss now is not the time to merge the country's financial watchdogs and any proposal to do so must clearly define any benefits the move would bring. They...

Prime ministerial candidate frontrunner Liz Truss is considering merging the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payments Systems Regulator (PSR) should she win the race to succeed...

The Personal Finance Society (PFS), the professional body for the financial planning profession in the UK, has appointed Don MacIntyre as interim CEO. Last month the PFS board said it was recruiting...

The US House of Representatives has passed the Inflation Reduction Act which limits the cost of insulin for senior citizens enrolled in Medicare. The Act also extends the Covid expansion of Affordable...