Financial Conduct Authority
City watchdog ex-chair says he faced ‘political pressure’ to let in crypto firms
Charles Randell says some of the exchanges the FCA was pressed to allow to trade in the UK are now being investigated in the US
Kalyeena Makortoff Banking correspondent
19, Sep, 2023 @3:39 PM
Direct Line to pay £30m to overcharged car and home insurance customers
Company breached rules that state existing policyholders should not be charged more than new ones
Mark Sweney
01, Sep, 2023 @8:49 AM
UK banks will have to ensure access to cash within three miles, ministers say
Treasury hints at concessions on guarantee but banks will face fines for falling below minimum service level
Kalyeena Makortoff Banking correspondent
17, Aug, 2023 @9:30 PM
City watchdog to contact MPs and other PEPs to ask if they have been debanked
Inquiry aims to find out extent of denial of banking services to politically exposed persons such as politicians and army leaders
Kalyeena Makortoff Banking correspondent
14, Aug, 2023 @4:49 PM
UK banks to be given two weeks to explain closing of customer accounts
Regulator to write to more than 20 of largest lenders after Nigel Farage’s accounts were threatened with closure
Kalyeena Makortoff Banking correspondent
08, Aug, 2023 @5:59 PM
Many of world’s largest hedge funds face UK stress test
Participants also including banks and pension funds will have to reveal how activities could harm financial system
Kalyeena Makortoff Banking correspondent
06, Aug, 2023 @2:55 PM
Jeremy Hunt requests inquiry into ‘debanking’ of politicians
Chancellor wants Financial Conduct Authority to investigate whether practice is ‘widespread’
Rowena Mason Whitehall editor
03, Aug, 2023 @8:22 PM
Nigel Farage says new Coutts boss has offered to keep his accounts open
Former Ukip leader is still taking legal action against bank demanding compensation and apology
Kalyeena Makortoff Banking correspondent
31, Jul, 2023 @6:51 PM
Banking double standards exposed in Nigel Farage furore | Letters
Letters: Nick Moss wonders when Tory ministers will get similarly worked up about former offenders like him having their banking facilities withdrawn with no explanation. Plus letters from Alison Crowther and David Simpson
31, Jul, 2023 @5:15 PM
Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog
FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers
Kalyeena Makortoff Banking correspondent
31, Jul, 2023 @4:12 PM
UK retail financial services set for biggest overhaul in 20 years
FCA’s new rules aimed at improving value for money for customers and preventing ‘foreseeable harm’
Rupert Jones
31, Jul, 2023 @5:00 AM
UK banks are closing more than 1,000 accounts every day
Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’
Miles Brignall
30, Jul, 2023 @7:00 PM
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