The FCA is taking a proactive step to address long-standing issues in the motor finance market by consulting on a compensation scheme for customers who were overcharged due to undisclosed commission arrangements. This follows a Supreme Court ruling that found some firms were not acting in the best interest of their customers. The move is designed
The Financial Conduct Authority (FCA) has announced a significant shift in its policy, lifting the ban on the sale of crypto exchange traded notes (cETNs) to retail consumers. This move, effective October 8, 2025, reverses the previous ban and is part of a broader effort to adapt to the evolving digital asset landscape. The decision comes
The Financial Conduct Authority (FCA) has imposed a significant fine of £1,087,300 on Sigma Broking Limited for what it describes as “serious and systemic” transaction reporting failures. The firm failed to submit complete and accurate transaction reports for nearly all its transactions over a five-year period. This action is the second fine levied against Sigma for
The Financial Conduct Authority (FCA) plan to regulate cryptocurrencies in the UK. This articulate outlines their approach Overall, the FCA’s roadmap aims to bring cryptocurrencies under a more regulated framework, ensuring that consumers are adequately protected and that the market operates fairly and transparently. The FCA’s next steps to regulate crypto – The Compliance Digest
Geoffrey Hinton, a renowned AI pioneer, highlights his concerns regarding the potential dangers of artificial intelligence. He emphasizes the urgent need for regulations to prevent the misuse of AI for harmful purposes. Hinton’s is worried that AI could be exploited by “bad actors” to cause significant harm to society. He believes that the rapid advancement
Bannekr is a specialised regulatory boutique compliance consultancy that augments AI with human expertise, partnering with organisations to help navigate complex regulatory landscapes
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