All the updated news related to conduct

All the news related to conduct updated in real time

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Financial advisers fined £1m for advice which cost customers £50m

Five men will have to pay more than £1 million between them for “reprehensively” betraying the interests of customers who went to them for financial advice, the City watchdog has said. A tribunal upheld the decision of the Financial Conduct ...

09 May 2022 at 14:25

City

FCA warns challenger banks over money laundering concerns

One of the UK’s main regulators has warned challenger banks to stop cutting corners in combating financial crime so that customers can set up accounts quickly and easily. Sarah Pritchard, who heads the market division of the City regulator,...

22 Apr 2022 at 12:55

City

Financial Conduct Authority staff vote for industrial action

Staff at the Financial Conduct Authority (FCA) have voted overwhelmingly for industrial action over proposed changes to pay conditions. Unite the Union said a ballot of its members working for the financial watchdog found more than 75% ...

12 Apr 2022 at 17:25

City

Appoint more women to your board or explain why not, FCA tells listed firms

Companies that want their shares to trade on the UK stock markets will have to ensure that four in 10 of their board members are women, or explain why not, according to new rules. A year from now businesses will need to account for ...

20 Apr 2022 at 14:55

Sadiq Khan pushes for ‘gross misconduct’ for officers in Child Q case

Mayor of London Sadiq Khan has called for the officers who strip searched a black schoolgirl while on her period to be charged with gross misconduct after a report found racism had a role in their decision. A safeguarding report ...

17 Mar 2022 at 12:55

City

Customers vote for compensation scheme which could keep lender Amigo afloat

Borrowers who were mis-sold loans they could not afford by Amigo have thrown the struggling business a lifeline by voting for a compensation package which could allow it to continue trading. The business said that its creditors ...

13 May 2022 at 12:25

Met pledges zero-tolerance on bullying and harassment after Charing Cross probe

A senior Metropolitan Police officer has vowed to “root out” people who do not belong in the force, as he confirmed it had accepted multiple recommendations made by a watchdog following a probe into inappropriate conduct. ...

07 Apr 2022 at 19:55

City

Financial Conduct Authority plans faster response against ‘problem firms’

The Financial Conduct Authority (FCA) has announced a new strategy to shut down “problem firms” that do not meet basic regulatory standards. Bosses at the regulator said they are concerned that the cost-of-living crisis ...

07 Apr 2022 at 09:25

Government unveils plans to let Britons pay with crypto money

The Government has moved closer to bringing crypto money into the mainstream as it unveiled plans that would allow so-called stablecoins to be used as payment in the UK. Stablecoins, a form of crypto that is pegged to ...

04 Apr 2022 at 17:25

Scotland

Scots urged to remain scam aware as FCA warns of rise in screen-share fraudsters

Criminals are taking advantage of the rise in screen-sharing request to scam people, a financial watchdog has warned. The Financial Conduct Authority revealed a surge in fraudsters asking for access to computers to ...

05 May 2022 at 01:25

Piano-playing internet star Lennie makes 25 times his fundraising target

A 10-year-old boy with cerebral palsy and hydrocephalus who wowed the internet during the Covid lockdowns by learning scores of songs to play on the piano has closed his fundraising effort after raising more than ...

13 May 2022 at 13:55

‘Gossipy’ officer ‘shared confidential information about Wayne Couzens’

A police officer is facing misconduct proceedings for sharing “gossipy” details of Wayne Couzens’ defence with colleagues after his first court appearance for the murder of Sarah Everard. Sergeant Simon Kempton, ...

22 Feb 2022 at 14:25

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