The UK legal sector is preparing for significantly stricter anti-money laundering enforcement as the Financial Conduct Authority assumes regulatory control from nine separate supervisory bodies. This consolidation represents a watershed
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The UK legal sector is preparing for significantly stricter anti-money laundering enforcement as the Financial Conduct Authority assumes regulatory control from nine separate supervisory bodies. This consolidation represents a watershed
Victims of car finance mis selling could be set to miss out on an average of £500 each due to the compensation calculations proposed by the Financial Conduct Authority. Slater
WH Smith is under formal investigation by the Financial Conduct Authority following a significant accounting error in its United States business. This misstatement, which inflated profits over several years, resulted
Amigo Holdings, once a leading subprime lender in the United Kingdom, has appointed Australian entrepreneur Craig Ransley as its executive chairman, marking a strategic move towards the mining industry as
Mortgage lending at Nationwide has declined following a surge of homebuyers finalising purchases before the April stamp duty deadline. Despite a decrease in lending, the building society’s income climbed due
HSBC has made headlines by announcing it will now lend homebuyers up to 6.5 times their annual income, marking one of the most generous mortgage deals currently available on the
BMW’s UK motor finance arm has dramatically increased the amount earmarked for potential compensation payouts as the ripples from the car finance mis-selling scandal continue to reverberate through the financial
Big Technologies, the Londonlisted provider of electronic tagging services for police and social care, is embroiled in an escalating legal storm after publicly accusing founder and former chief executive Sara
The UK financial watchdog is scrutinising 30 million car finance agreements, as part of a sweeping investigation into potentially mis-sold loans that may trigger a multibillion-pound compensation scheme. Nikhil Rathi,
The head of the UK’s Financial Conduct Authority (FCA), Nikhil Rathi, has urged ministers to clarify their approach to risk tolerance as the government embarks on a drive to cut
Leading financial institutions have engaged in urgent discussions with the UK Treasury amid growing concerns about potential upheaval in the consumer credit sector following a groundbreaking court ruling on car
The Financial Conduct Authority (FCA) has announced its intention to launch a comprehensive market study into the £4bn life insurance sector, focusing on pure protection products. This move comes amidst
