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Debt advice warning: spot the red flags

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This post was originally published on fca.org.uk  Free debt advice is available to everyone. However, the FCA is concerned that some consumers are being steered towards fee-paying debt solutions that may not be suitable for their needs, sometimes through high pressure sales tactics, misleading information… Read More

FCA takes Hunter Jones to High Court over alleged unauthorised activity

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This post was originally published on fca.org.uk  The FCA alleges that Hunter Jones, which sells loan notes, carries out regulated activity without authorisation. The FCA is asking the court to stop Hunter Jones carrying out regulated activity and require money to be returned to investors…. Read More

FCA and partners join forces to help improve financial security for millions

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This post was originally published on fca.org.uk  While the market is working well for consumers who have protection insurance, millions of people remain unprotected. Around 58% of adults have no life insurance, critical illness cover or income protection – and 59% of that group has… Read More

Building a stronger UK investment culture

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This post was originally published on fca.org.uk  Safe access and simpler communications Key to our ambition for the consumer investments market is to ensure people can access a wide range of investments safely. For most people simple, diversified products will be the most appropriate option…. Read More

Financial crime: protecting the hive

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This post was originally published on fca.org.uk  What’s changing At the backend of 2028, the FCA will begin to take on responsibility for AML supervision of 60,000 entities in the legal and accounting sectors. We’ve heard some concern. Can a regulator built for banks and… Read More

FCA and partners continues crackdown on illegal crypto trading

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This post was originally published on fca.org.uk  The FCA has carried out further operations with partners to disrupt illegal peer-to-peer crypto trading across multiple London locations. Working with HM Revenue & Customs (HMRC) and the Metropolitan Police Service, the FCA targeted 3 premises suspected of… Read More

FCA and partners continues crackdown on illegal crypto trading

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This post was originally published on fca.org.uk  The FCA has carried out further operations with partners to disrupt illegal peer-to-peer crypto trading across multiple London locations. Working with HM Revenue & Customs (HMRC) and the Metropolitan Police Service, the FCA targeted 3 premises suspected of… Read More

Better outcomes begin when payment firms understand customers’ needs

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This post was originally published on fca.org.uk  Design, adapt, and test We found that firms who understood their customers were better able to design support around real needs, adapt their communications, and ensure people received a consistent experience. This helped them deliver better outcomes, reduce… Read More

FCA sets out steps to support small businesses’ access to finance

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This post was originally published on fca.org.uk  An FCA review found no evidence that its regulation is a major barrier for SME access to finance. Many of the challenges identified relate to wider market, information and capability challenges.  The review found that the challenges are… Read More

FCA opens investigation into Euro Exchange Securities UK Ltd

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This post was originally published on fca.org.uk  The reason for opening the investigation is that it appears to us that, between 1 February 2020 and 4 June 2026, EES may have committed offences under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on… Read More

Crypto firms get guidance on how the new regime applies

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This post was originally published on fca.org.uk  The regime comes into force on 25 October 2027. With applications for authorisation opening from 30 September 2026, firms need this guidance now to help them prepare. The guidance covers activities including issuing qualifying stablecoins, operating cryptoasset trading… Read More

Crypto firms get guidance on how the new regime applies

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This post was originally published on fca.org.uk  The regime comes into force on 25 October 2027. With applications for authorisation opening from 30 September 2026, firms need this guidance now to help them prepare. The guidance covers activities including issuing qualifying stablecoins, operating cryptoasset trading… Read More

Financial regulator bans former law firm owner from financial services

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This post was originally published on fca.org.uk  The FCA acted after the Solicitors Regulation Authority (SRA) found that Mr Miah, who was a non-legal manager at Kingly Solicitors Limited, dishonestly caused or allowed more than £28m of client money to be taken from client accounts… Read More

Premier Payment Solutions Ltd enters liquidation

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This post was originally published on fca.org.uk  You should proceed with caution if you are approached by a CMC or a law firm. For the vast majority of clients, there is no benefit in involving a third party in reclaiming your assets. If you use… Read More

Upper Tribunal upholds Crispin Odey ban

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This post was originally published on fca.org.uk  Mr Odey was the founder and majority owner of Odey Asset Management (OAM). He faced an internal disciplinary process for breaching a final written warning relating to repeated and persistent inappropriate behaviour towards female employees. In response, Mr… Read More

Man pleads guilty to fraud and forgery offences relating to fake takeover approach

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This post was originally published on fca.org.uk  Mr Woolcott held shares in Touchstone Exploration Inc and stood to benefit financially from any upward movement in the share price had the fake takeover bid been announced to the market. Mr Woolcott admitted creating a fictitious takeover… Read More

FCA decides to ban and fine Daniel Thomas over unauthorised pension transfer advice

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This post was originally published on fca.org.uk  Mr Thomas was a director and financial adviser at DPT Financial Solutions Limited. Over 5 years Mr Thomas advised 53 clients about 63 transfers out of defined benefit pension schemes and is believed to have earned more than… Read More

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