Law360, London: The Financial Conduct Authority (FCA) should get a grip on the home insurance sector, a consumer body warned on 12 November 2025, after finding that more than a third of claims were rejected.

Law360, London: Insurers are still sending policy documents to customers that are equivalent in length to short novels by Kafka and Steinbeck, Fairer Finance has warned, despite new regulation geared toward making financial services products more intelligible.

Law360, London: OPBAS, the supervisory body for watchdogs in the legal and accountancy sectors has told them that they must take further steps to prevent money laundering in the transfer of ownership in UK property transactions.

The Financial Conduct Authority (FCA) is encouraging account providers to do more to support those who want a bank account but don’t have one, saying they should build on examples of existing good practice, such as working with homeless charities to tailor their support to the needs of customers in vulnerable circumstances. In its report, UK Payment Accounts Access and Closures: Update, the FCA sets out its findings from follow-up work on payment account access and closures, as well as its expectations of firms and proposed next steps. The FCA expects payment account providers to take note of the detailed findings and expectations.

Law360: The Financial Conoduct Authority's (FCA) 'traffic light' system for assessing the value-for-money offered by a pension scheme could create unintended consequences, experts warned 9 August 2024.

The Financial Conduct Authority (FCA) has issued a press release warning that investors in contracts for difference (CFDs) risk losing key retail protections where firms pressure them to opt up to elective professional status or route them to offshore providers. The FCA highlights that retail safeguards such as leverage limits and client loss protections prevent nearly 400,000 people a year from risking more than their original stake and provide between £267m and £451m of protection.

Law360, London: The Financial Conduct Authority (FCA) said on 1 November 2024 that it has warned hedge fund boss Crispin Odey that it will take regulatory action against him after finding that he frustrated an internal probe into sexual misconduct allegations and showed a 'lack of integrity'.

Law360, London: The Financial Conduct Authority (FCA) has issued a pensions adviser with a warning for allegedly encouraging clients to transfer assets into unsuitable retirement savings arrangements.

The Financial Conduct Authority (FCA) has published a review of how firms are implementing the new financial promotion rules for cryptoassets. The review looked in particular at how firms are implementing  personalised risk warnings, the 24-hour cooling off period, client categorisation and appropriateness assessments.

The Financial Conduct Authority (FCA) has published its concerns and expectations regarding regulated/registered firms providing services to unregistered cryptoasset firms that may be illegally promoting to UK consumers in breach of section 21 of the Financial Services and Markets Act (FSMA 2000). The FCA outlines the potential harms to consumers and the risks to firms of enabling financial crime and creating unfair competition. The FCA sets out examples of good practice taken by regulated/registered firms to mitigate these concerns.

Law360: The Financial Conduct Authority (FCA) has warned in its latest market watch newsletter that some companies have inadequate or faulty systems to detect market abuse, with insufficient governance arrangements.

The Financial Conduct Authority (FCA) has written a Dear CEO letter to motor finance firms to remind them they must maintain adequate financial resources at all times. The FCA is currently reviewing the historical use of motor finance discretionary commission arrangements (DCAs), having observed firms taking different approaches to account for the potential impact of previous use of DCAs on their financial resources. In an accompanying statement the FCA sets out the progress made on its review; what firms should be doing now; and next steps.