Customer protection
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CMA to investigate Microsoft business software and cloud services ecosystem
Regulator says investigation will create greater choice for UK businesses and public sector at pivotal time of advances in AI.
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Millions to be compensated as FCA confirms car finance redress scheme
Changes to the original scheme are a result of “conflicting feedback from consumers, their representatives, firms, manufacturers and industry bodies,” the FCA has said.
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FCA highlights key issues and required changes around regulatory perimeter
The regulator has certain powers and tools it can use to protect consumers, support market integrity, promote competition, and facilitate the UK’s international competitiveness. But not everything is within its remit.
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Binance Australia fined $6.9m for client onboarding failures
Binance has accepted exposing 524 retail investors to high-risk crypto products by misclassifying them as wholesale clients. The company had already compensated those clients in 2023.
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FCA confirms new incident and third-party rules after cyberattacks
Regulator says new rules will make existing incident and third-party reporting clearer, more consistent, and easier for firms to follow.
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Former Carillion chief executive fined $324,150 by FCA for acting recklessly
The senior executive failed “to ensure Carillion communicated effectively with investors and had appropriate internal control processes,” the FCAsaid.
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Dubai regulator levies some of its heaviest fines yet
DFSA fines two firms for inadequate system controls, reporting failure and deceptive conduct.
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ASIC launches website to support First Guardian and Shield victims
Under 20% of investors have lodged complaints, so the regulator has taken action.