The Financial Conduct Authority (FCA) has banned and fined financial advisor Neil Sedgwick Dwane £100,281 for insider dealing, following misconduct that breached market integrity and professional trust. In 2022, Mr Dwane, acting as an advisor for ITM Power Plc (ITM), had access to confidential market-sensitive information concerning an upcoming company announcement scheduled for 27 October. The announcement triggered a 37% drop in ITM’s share price. The day before the announc

A Financial Conduct Authority (FCA) survey has found that two-thirds of corporate finance firms not currently required to submit financial crime returns may be falling short of their obligations under the Money Laundering Regulations, raising concerns about weak oversight and inconsistent compliance practices. Corporate finance firms play a critical role in supporting the growth and success of the UK economy by helping businesses secure investment and lending. However, the FC

The Financial Conduct Authority (FCA) has called on banks and payment firms to strengthen their defences against romance scam fraud after uncovering serious shortcomings in how the sector identifies and prevents this growing form of financial crime. Despite positive examples of firms intervening effectively, the regulator found repeated instances where opportunities to stop fraud were missed, leaving victims facing devastating losses. Romance fraud cost victims £106 million i

The Financial Conduct Authority (FCA) has announced new plans to support the adoption of tokenisation within the UK asset management industry, signalling a major step forward for financial innovation and operational efficiency. Published on 14 October 2025, the consultation paper CP25/28: Progressing Fund Tokenisation  outlines how tokenisation—the digital representation of assets using distributed ledger technology (DLT)—can transform fund operations, reduce costs, and open

The Financial Conduct Authority (FCA) has announced a major new partnership and the launch of two TechSprints to fast-track the UK’s transition towards open finance, marking a significant step in its commitment to drive digital innovation across financial services. The initiative follows the FCA’s January letter to the Prime Minister, in which it pledged to use its powers to accelerate open finance and explore its potential benefits, particularly in supporting small and mediu

The Financial Conduct Authority (FCA) has secured the conviction of Daniel Pugh, 35, who has been sentenced to seven years and six months...

The Financial Conduct Authority (FCA) has launched a consultation on proposals to establish minimum standards for crypto firms operating...

The Financial Conduct Authority (FCA) has secured the sentencing of Matthew and Nikolas West for insider dealing, with the brothers...

The Financial Conduct Authority (FCA) has secured the conviction of Daniel Pugh, 35, of Devon, for orchestrating a fraudulent £1.3...

The Financial Conduct Authority (FCA) has fined Sigma Broking Limited  £1,087,300 after the firm failed to submit complete and accurate...

The Financial Conduct Authority (FCA) has confirmed that retail investors will be able to access crypto exchange-traded notes (cETNs)...

In a significant crackdown on illicit crypto activity, two individuals have been arrested on suspicion of money laundering and operating...