Category : Search result: FCA fine


FCA to oversee law firms in money laundering crackdown

UK law firms brace for a major anti-money laundering overhaul as the FCA takes over regulation. Sharper penalties and stricter scrutiny aim to clean up the UK's £100bn dirty money reputation ahead of a 2027 FATF review.

Council stands firm on nurse's £1k fine despite petition

Over 1,200 people have signed a petition urging Hounslow Council to cancel a £1,000 fine issued to an NHS nurse for placing a cardboard envelope by full bins. The council has refused. Read the full story and find out how to take action.

Staley and Summers named in Epstein will documents

Newly released court documents reveal former Barclays CEO Jes Staley and ex-US Treasury Secretary Larry Summers were appointed as executors of Jeffrey Epstein's estate. Explore the details and implications.

11 PE-Backed Firms Fail UK Climate Disclosure Rules

A new report identifies 11 portfolio companies owned by major private equity firms as non-compliant with UK mandatory climate-related financial disclosures. Discover the firms involved and the regulatory implications.

FCA lifts £100 contactless card payment limit

The UK's financial regulator will allow banks to set their own contactless payment limits from March 2025, removing the £100 cap. Consumers may also set personal limits.

£100 Contactless Card Limit Scrapped in UK

The UK's £100 contactless payment limit will be removed next year, allowing banks to set their own maximums. Find out what this means for your spending and security.

FCA increases scrutiny of home and travel insurers

The UK's Financial Conduct Authority will intensify oversight of home and travel insurance markets following a formal super-complaint from Which? over poor claims handling and unfair terms. Read the latest.

Artist and scholar David Heathcote dies aged 94

Renowned British artist and art historian David Heathcote has passed away at 94. His influential work spanned painting, sculpture, and the preservation of Hausa crafts, with a major collection now at the British Museum.

US Senators Face Backlash for Muslim Ban Calls

Republican senators Tommy Tuberville and Randy Fine face condemnation from Democrats and civil rights groups for Islamophobic remarks calling for a Muslim travel ban and deportations.

Page 1 of 4