Mr Olumide Osunkoya pleaded guilty to 5 offences at today’s hearing at Westminster Magistrates’ Court. This is the first UK conviction of its kind for
The FCA is stepping in to better protect customers when payments and e-money firms go out of business. Use of payments firms has grown in
The Federal Court today ordered Vanguard Investments Australia to pay a $12.9 million penalty for making misleading claims about environmental, social and governance (ESG) exclusionary
The Full Federal Court has dismissed an appeal by Peter Daly, a former director of Linchpin Capital Group Ltd (in liquidation). The matter, heard before
Following an ASIC investigation, the Markets Disciplinary Panel (MDP) has fined Macquarie Bank Limited (Macquarie) a record $4.995 million for failing to prevent suspicious orders
ASIC has cancelled the Australian credit licences of Ultimate Credit Management Pty Ltd (in liquidation) (Ultimate Credit) and Worry Free Finance Pty Ltd (Worry Free)
Key messages: We are adapting our approach to enforcement to meet evolving threats and maximise the deterrent effect. We are making our investigations faster and
We have extended the pause to the deadline for motor finance firms to provide a final response to customer complaints regarding discretionary commission arrangements (DCAs)
SHL is a financial services advisory firm, offering advice on a range of products including retirement, pensions and estate planning. The joint administrators sold SHL’s
In August 2024, a former employee who left the FCA some years ago made an allegation publicly that, in the course of whistleblowing, their identity