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FSCS
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FCA proposals to promote good business practices amongst crypto firms
The FCA plans to extend the High-Level Standards in the FCA Handbook to cryptoasset firms in line with FSMA-authorized entities.
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PRA proposes increases to depositor compensation limits
Headline deposit guarantee to be increased to £110,000 ($141,900) and temporary high balance claims to £1.4m ($1.81m).
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FCA work in review September 24-30, 2024
Our at-a-glance guide to recent FCA activity.
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UK payments regulator consults on reduced cap for banks’ fraud coverage
PSR also publishes high-value APP scams review and consultation.
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PRA consults on updates to its approach to International Banks
Clarification on specific aspects of the PRA’s existing approach to risk management and remote booking.
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Adviser banned and will pay £106k to FSCS for poor pension advice
Adviser is one of two banned from giving pensions advice as British Pension Steel Scheme case rumbles on.