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FCA and PSR report on digital wallets
The FCA and PSR have issued a joint feedback statement on the impact of digital wallets. -
FCA welcomes the final report of the Accelerated Settlement Taskforce and supports the UK market’s move to T+1 settlement
The Accelerated Settlement Taskforce report provides a set of recommendations for the UK to move to a T+1 settlement cycle by 11 October 2027. -
Nvayo Limited enters special administration
On 10 February 2025, Nvayo Limited entered special administration. Dane O’Hara, Alex Cadwallader and Andrew Poxon, all of Leonard Curtis (UK) Limited, were appointed as administrators. -
FCA statement on Blackmore Bonds complaints
The FCA has written to people who complained about the way the FCA handled the Blackmore Bonds case. -
The FCA and Practitioner Panel joint survey for 2025 launches
The FCA and Practitioner Panel survey is being sent to all regulated firms so they can share their feedback on how the FCA regulates the industry. -
Contis Financial Services Limited (CFSL) enters special administration
On 30 January 2025, CFSL (also known as Solaris EMI) entered special administration. Joshua James Dwyer and Robert Spence of Interpath Limited have been appointed as Joint Special Administrators. -
Progress on the FCA’s case against care home investment scheme
We welcome a positive outcome for investors, following our High Court proceedings over collective investment schemes. -
FCA and PSR set out next steps for open banking
Next steps for open banking will include a new independent company to drive forward variable recurring payments. -
Financial Conduct Authority places restrictions on Arthur Temlett
Abacus Insurance may have been selling home/motor insurance and not passing premium payments on to the insurance provider. -
London Community Credit Union enters administration
London Community Credit Union has been placed into administration and has now stopped trading.