FCA News and Updates
UK tightens investment trust rules after Saba Capital challenge
Britain's investment trust sector is facing tougher governance standards as regulators move to address shareholder control concerns in listed closed-end funds. The proposed changes follow Saba ...
UK proposes investment trust listing rule changes amid activist pressure
Britain is proposing changes to listing rules for investment trusts as scrutiny grows over how activist investors can influence boards and strategy. The consultation, open until August 16, is ...
CACEIS UK agrees voluntary £31.7 million payment over WealthTek client asset failures
WealthTek customers are set to receive additional compensation after the collapsed wealth manager’s former sub-custodian bank reached a settlement tied to alleged control failings. The payment ...
CACEIS UK to make £31.7 million payment after FCA censure over WealthTek control failures
WealthTek clients are set to receive further compensation after regulatory action over weaknesses in safeguards around their assets. The case adds £31.7 million to a broader recovery effort that ...
FCA plans to end Essex Boys probe after traders offer £1mn charity payment
Britain's financial regulator is moving to close a competition investigation into a group of self-employed oil traders over alleged co-ordination during the 2020 oil market crash. The proposed ...
UK crypto policy divide slows market development
Britain's push to become a crypto hub is being held back by a gap between regulatory ambition and day-to-day implementation, according to former Financial Conduct Authority policymaker Isadora ...
FCA traders offer £1m payment to settle commodity competition concerns
Britain's financial regulator is consulting on proposed commitments from 11 commodity futures traders after an investigation into possible coordination and information sharing. The package ...
Drax investigation closed by FCA after review of market disclosures
The Financial Conduct Authority has ended its investigation into Drax Group PLC after examining the company's disclosures on the sustainability of its Canadian biomass. The regulator says it finds ...
UK small and mid-cap equity research shows signs of recovery in Extel survey
Nearly a decade after MIFID II reshaped how broker research is paid for, the UK small and mid-cap equity analyst market remains much smaller than it once was. The latest Extel rankings suggest the ...
FCA urges later life lending expansion as UK retirement funding pressures grow
Housing wealth is becoming a bigger part of how many people may finance retirement in the UK, yet later life lending remains underused and is still often viewed as a last resort. The Financial ...
Rathbones halts high-risk client investments as compliance review threatens nearly £1bn in inflows
Rathbones is suspending some activity involving higher-risk clients after a compliance review linked to regulatory scrutiny, adding pressure to the UK wealth manager’s growth outlook. The ...
FCA warns Pipvertex may be offering financial services without authorization in UK
UK regulators are flagging fresh risks for consumers approached by firms operating outside the country’s financial authorization regime. The warning says Pipvertex is not authorized or ...
Farm Credit Administration reports stable Farm Credit System earnings as agricultural risks rise
The Farm Credit Administration board receives a quarterly update on the Farm Credit System as of March 31, 2026, showing steady profitability and stronger capital despite mounting pressure in ...
FCA secures special administrators for Euro Exchange Securities UK after trading halt
Euro Exchange Securities UK Limited remains out of the market after the High Court confirms special administrators for the payments firm. The move follows last week's immediate trading halt and ...
Stand With Crypto UK urges campaign against bank curbs on crypto transfers
A UK crypto advocacy push is targeting retail banking limits that restrict consumers from moving money into digital asset platforms. Stand With Crypto UK says the effort covers formal complaints ...
W4.0 rejects FCA legal action over alleged unauthorised investment advice in UK
Neil Woodford's new venture W4.0 is pushing back against allegations that its market commentary service operates inside the UK's financial regulatory perimeter. The dispute adds to Woodford's ...
UK regulator proposes retail fund crypto exposure cap
The UK is widening its crypto investment framework as regulators look to keep pace with investor demand and international market practice. The Financial Conduct Authority is proposing to let some ...
UK FCA proposes 10% crypto ETN limit for authorized funds
The UK Financial Conduct Authority is moving to widen regulated fund access to crypto exchange-traded notes while keeping exposure capped for mainstream retail products. The proposal would let ...
BancTrust chief contests FCA fine over undisclosed U.S. and Venezuela penalties
A legal challenge by BancTrust chief executive Carlos Fuenmayor is testing how far UK regulators can go in policing disclosure failures tied to foreign sanctions and politically sensitive ...
FCA halts Euro Exchange Securities UK payment services as court appoints interim managers
UK regulators are moving to restrict Euro Exchange Securities UK Limited after identifying risks tied to its electronic money and payment services business. The action taken on 4 June 2026 also ...
FCA opens enforcement probe into Consultation Claims over motor finance sign-ups
The UK regulator is widening scrutiny of conduct in the motor finance claims market with a new enforcement investigation into Consultation Claims Limited. The review covers the period from April ...
