Financial Conduct Authority
FCANews
Two admit fraud after four advice clients lose £2 million
Kerry Nelson and Jacqueline Stephens pleaded guilty at Portsmouth Crown Court on October 12, 2026, after four clients lost £2 million.
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FCANews
Motor finance compensation faces February 2027 legal hearing
The Financial Conduct Authority (FCA) said on October 13, 2026 that the Upper Tribunal will hear challenges to its motor finance compensation scheme on February 16–26, 2027.
FCANews
Coleman appointed chair of Financial Ombudsman Service
The Financial Conduct Authority has appointed Liam Coleman as permanent chair of the Financial Ombudsman Service for a three-year term starting October 10, 2026.
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FCADecoder
Compliance culture gaps persist at corporate finance firms
The Financial Conduct Authority surveyed 411 corporate finance firms on their compliance resources, receiving 382 responses.
FCANews
90-day notice proposed for illiquid investment funds
Retail investors face a 90-day notice period to redeem capital from illiquid funds under draft rules published by the Financial Conduct Authority on October 8, 2026.
FCADecoder
Lea Paterson to review whistleblower handling after informant death
The Financial Conduct Authority has appointed independent board member Lea Paterson to review its interaction with long-term whistleblower Simon Andriesz following his death.
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FCASpeech
Relleen outlines 30 market reforms and digital gilt timeline
The Financial Conduct Authority has completed around 30 workstreams across wholesale capital markets, Director Jon Relleen announced on October 5, 2026.
FCANews
Firm satisfaction rises to 79 percent in annual regulatory survey
Regulated financial firms reported higher satisfaction and trust in the Financial Conduct Authority, according to the latest annual practitioner survey.
FCANews
Paterson, Tobin and Pritchard join FCA Board
HM Treasury has appointed Lea Paterson CBE and Matthew Tobin as non-executive directors of the Financial Conduct Authority, while Deputy Chief Executive Sarah Pritchard joins the board as an executive member.
FCANews
Crypto firms can apply for UK regulatory authorisation
Cryptoasset firms in the UK can now apply for full regulatory authorisation under a new supervisory framework.
FCANews
Crypto fraudsters ordered to repay £851,000 to victims
Confiscation orders totalling over £851,000 have been secured against two fraudsters behind a £1.5 million crypto scam.
FCANews
Bankruptcy order granted against insurance broker Arthur Temlett
A Scottish court has placed insurance broker Arthur Temlett into bankruptcy following an application by the Financial Conduct Authority.