The FCA has secured convictions against two individuals, Redinel Korfuzi and Oerta Korfuzi, for insider dealing and money laundering offences which netted them over £1 million. Redinel Korfuzi worked as a research analyst at an asset management firm. He regularly obtained confidential, price-sensitive information for publicly traded companies as part of his role.Between 17 December […]

The Financial Conduct Authority (FCA) will launch a Supercharged Sandbox to help firms experiment safely with AI to support innovation. Through a new collaboration, announced today, firms will have the opportunity to experiment with AI using NVIDIA accelerated computing and NVIDIA AI Enterprise Software.This Supercharged Sandbox will give firms access to better data, technical expertise […]

We've written to people who complained about the way we authorised and supervised FundingSecure Limited. We have a great deal of sympathy for those who lost money as a result of the failure of FundingSecure.FundingSecure Limited was a regulated peer-to-peer lending firm. It went into administration in October 2019.Complainants have asked us to pay compensation […]

We're setting out some of the things we need to consider if we were to introduce a redress scheme as part of our review into motor finance commission arrangements. More than 2 million used and new vehicles are bought using motor finance each year. We want to make sure the motor finance market functions well, […]

Speech by Sarah Pritchard, executive director for supervision, policy and competition and executive director for international, at Quoted Companies Alliance Annual Conference, London. It’s a pleasure to be here today. The title of today’s conference fits well with our recently announced 5-year Strategy. We want to make sure there is a modern, healthy, thriving financial […]

Regulators across the globe, led by the FCA, have joined forces to protect social media users from illegal financial promotions by rogue finfluencers. Nine regulators, from Australia, Canada, Hong Kong, Italy, United Arab Emirates and United Kingdom took part in the week of action, which began on 2 June 2025.In the UK, the FCA has:made […]

The FCA is proposing to lift the ban on offering crypto exchange traded notes (cETNs) to retail investors. Similar products are already available in other countries. It would mean cETNs could be sold to individual consumers, rather than just professional investors, in the UK, if they’re traded on an FCA-approved investment exchange (a recognised investment […]

We plan to simplify reporting requirements for funds’ assessments of value. The UK is the largest asset management centre in Europe, and second only to the US globally. The proposed change helps reduce costs for asset managers, boosting competitiveness, without affecting consumer protection.We are consulting on these changes, having committed to doing so only in […]

We are proposing to remove unnecessary data reporting, that will benefit nearly all firms, helping to reduce burden and unlock economic growth. Following the launch of our consultation to remove 3 regulatory returns, we have now identified further returns that are no longer needed. We are proposing to: Decommission REP022 (General Insurance Pricing Attestation) and […]

A new type of private stock market will be launched later in 2025 after the FCA announced the final rules for its Private Intermittent Securities and Capital Exchange System (PISCES). PISCES is a new type of platform where shares in private companies can be traded. It will open the door to more opportunities for investors, […]

On 4 June 2025, My Nest Egg Limited (MNEL) entered into Creditors’ Voluntary Liquidation. Simon Farr and Tom Bowes of FRP Advisory Trading Limited were appointed as joint liquidators. MNEL is authorised and regulated by the Financial Conduct Authority (FCA). It operated a digital platform through which customers managed their pensions and Individual Savings Accounts […]

Sarah Pritchard has been appointed deputy chief executive of the FCA. The new role has been created to reflect the FCA's expanding remit, with the integration of the Payment Systems Regulator, regulation of stablecoin and crypto firms as well as Buy Now Pay Later activities. As deputy chief executive, Sarah will also support the FCA's […]

Speech by Jessica Rusu, FCA chief data, information and intelligence officer, delivered at London Tech Week 2025. It's an honour to be here at Olympia London, a place that has stood for innovation for over a century. From showcasing electric lights in the 1890s to hosting London Tech Week in 2025, this venue has always […]

Speech by Simon Walls, executive director of markets, at the Global Management Summit 2025, Guildhall London. It’s a pleasure to be here in this remarkable setting, with this special audience. You are the asset owners, stewards and strategic investors that shape markets across borders.In many ways, you are customers of the FCA’s work as a […]

On 11 June 2025, the director of Cambrian Associates Limited (Cambrian) appointed Dean Watson and Paul Stanley of Begbies Traynor as Joint Administrators. Cambrian (firm reference number (FRN) 158976) has entered administration. The firm advised on and arranged deals in mortgage contracts and investments, including defined benefit pension transfers.Cambrian remains subject to supervisory oversight and […]

We are fully committed to supporting economic growth in the UK and a thriving financial services sector. That's why we have made it easier for companies to list, supported greater home ownership, set out a roadmap for crypto regulation, and are reimagining financial advice and guidance to boost investments.This year we’ve begun stripping out data […]

The Upper Tribunal has upheld the FCA decision that Craig Donaldson and David Arden, former chief executive (CEO) and chief financial officer (CFO) of Metro Bank (Metro), were knowingly concerned in a breach of the Listing Rules. The Upper Tribunal has decided that fines of £167,325 and £100,950 should be imposed on Mr Donaldson and […]

We have unveiled the findings from the 6 winners of our economic research competition. The winning institutions – the University of Edinburgh, University of Birmingham, University College London, London School of Economics (LSE), Beauhurst, and Fathom Consulting – presented their findings at an event at the LSE to an audience of academics, consultants, policymakers and […]

Speech by Emily Shepperd, FCA chief operating officer, at the Association of British Insurers event, London. Today is National Eat Your Vegetables Day.No, you haven’t walked into a speech today from the Food Standards Agency. This is the FCA, not the FSA. But if you’ve been following FCA speeches over the past couple of years, […]

We have published the final version of our streamlined and updated Enforcement Guide. As previously announced, we have retained the 'exceptional circumstances' test for announcing investigations into regulated and listed firms. In addition, we have identified three situations where there was broad support for increased transparency:Where we’re investigating suspected unauthorised financial services, or a suspected […]