Financial Conduct Authority
quasi-governmental agency in the United Kingdom
Positive
Negative
Entity sentiment
Reports
News
Opinions
Statements
Relations
business Mar 30, 2026, 8:00 PM
Millions owed compensation for mis-sold car finance agreements - Millions of motorists in the UK were mis-sold car finance agreements due to brokers' manipulations.
- The FCA has established a compensation framework for affected customers, with average payouts expected to be around £829.
- Consumers are encouraged to file complaints and await communication from lenders about potential compensation.
100
business Mar 20, 2026, 3:50 PM
FCA launches study to reshape later life mortgage market - The Financial Conduct Authority is investigating later life mortgages to improve market conditions.
- Older homeowners may need to rely on their housing wealth for financial security, as many are not saving enough for retirement.
- This study aims to support consumers in understanding their borrowing options and ensure vulnerable individuals are protected.
100
business Feb 16, 2026, 1:58 PM
Ex-Carillion boss fined for misleading investors about company finances - Richard Howson faced a £237,700 penalty from the FCA due to misleading market communications.
- Carillion collapsed in 2018, leading to significant job losses and disruption in public sector projects.
- The FCA emphasized accountability for corporate mismanagement and reckless behavior by senior leaders.
100
business Dec 8, 2025, 2:04 PM
FCA introduces measures to boost retail investment in stocks - The Financial Conduct Authority has introduced new rules to support retail investors and help them take informed risks.
- These actions correlate with the Chancellor's efforts to enhance retail investment culture in the UK.
- Overall, these measures aim to improve London's competitiveness in the global financial market.
100
business Nov 23, 2025, 11:58 AM
Sheldon Mills set to lead AI review after departure from FCA - Sheldon Mills has announced his departure from the FCA after eight years, where he played a major role in consumer and competition issues.
- Following his exit, Mills will lead a review focused on integrating AI into consumer financial advice.
- His resignation reflects a shift within the FCA as it aims to adapt to technological advancements while ensuring consumer protection.
100
business Nov 21, 2025, 10:19 AM
Promissory notes fail to clear mortgage debts, warns FCA - Promissory notes are being promoted online as a solution for mortgage repayment.
- The Financial Conduct Authority warns that these notes are worthless and do not absolve borrowers of their mortgage obligations.
- Individuals should communicate with their lenders for legitimate options rather than wasting money on false solutions.
100
2026 All rights reserved
2026 All rights reserved