Financial Conduct Authority

FCA plans to allow lenders longer to respond to car finance complaints

The City regulator plans to intervene in the car loan mis-selling scandal, in a move that could give lenders up to a year to respond to the rising number...

FCA plans to allow lenders longer to respond to complaints over car loan mis-selling

The City regulator plans to intervene in the growing car loan mis-selling scandal in a move that could...

Santander puts aside £295m for car loan mis-selling

Santander UK has put aside £295m to cover potential payouts to car loan customers, as the bank issued...

More than 5,000 Woodford investors now suing Hargreaves Lansdown

More than 5,000 people who invested in Neil Woodford’s collapsed equity fund are suing Hargreaves Lansdown, claiming that...

More than 5,000 investors now suing Hargreaves Lansdown

More than 5,000 people who invested in Neil Woodford’s collapsed equity fund are suing Hargreaves Lansdown, claiming that...

Could you be entitled to a payout after court ruling on car finance?

The judgment on “secret” commission payments could have far-reaching implications for lenders, beyond those covered by an continuing investigation by the Financial Conduct Authority...

Lloyds suspends commission payments after ‘seismic’ ruling on UK car finance

Lloyds Banking Group has scrapped commission payments across its £15bn motor finance arm after a landmark ruling on car loan misselling, as industry and...

Consumers win UK car finance case that could lead to billions in compensation

Consumers have won a landmark car finance mis-selling case that could pave the way for companies to be forced to pay billions of pounds...

Starling Bank fined £29m for ‘shockingly lax’ financial crime controls

Starling Bank has been fined £29m by the City watchdog for “shockingly lax” financial crime controls which “left the financial system wide open to...

Minister urges UK financial regulator to rethink ‘naming and shaming’ plan

The City minister has asked the financial watchdog to rethink plans to ‘name and shame’ some firms it investigates, suggesting she could overrule it.Speaking...

Lack of City of London oversight hurting efforts to halt dirty money, FCA warns

A lack of proper oversight across the City of London’s network of lawyers, bookkeepers and accountants is hampering efforts to crack down on dirty...