Financial Conduct Authority (@TheFCA) / X

Financial Conduct Authority

8,815 posts

Financial Conduct Authority

@TheFCA

We regulate financial services firms and markets in the UK, setting standards for firms to meet and holding them to account. @FCACymru

London, Edinburgh & Leeds

Joined July 2010

Financial Conduct Authority
@TheFCA
16h
CACEIS UK, an asset servicing bank, has been censured and will make a £31.7m voluntary payment to WealthTek clients for failing to act on information that left clients exposed to the risk of financial crime. We've now secured over £57m for WealthTek clients in just over a year,
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Financial Conduct Authority
@TheFCA
Jun 24
Scammers are becoming more sophisticated, contacting people in ways that can appear legitimate and lead to devastating losses. If you receive a suspicious text or call that appears to be from your bank, don’t use the contact details they give you. Use the details on Firm Checker
BBC News (UK)
@BBCNews
Jun 19
Traitors star says he lost life savings to a scam bbc.in/4xyXqoR
fca.org.uk
Banking and online account scams
Banking scams can take many forms, with fraudsters using a number of tactics to steal your money. Find out what these scams are and how to protect yourself. First published: 18/04/2016 Last updated:...
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Financial Conduct Authority
@TheFCA
Jun 19
In the past 7 days we issued 20 warnings about unauthorised or clone firms. Protect yourself and find all recent warnings fca.org.uk/consumers/unau… #FCAWarnings #FinancialRegulation
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Financial Conduct Authority
@TheFCA
Jun 12
We’ve decided to fine Carlos Ricardo Fuenmayor £99,600 for failing to disclose 3 separate matters to us. Mr Fuenmayor has referred his Decision Notice to the Upper Tribunal. Disclosing information which we reasonably expect, and doing it promptly, is key to maintaining trust
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Financial Conduct Authority
@TheFCA
Jun 12
In the past 7 days we issued 20 warnings about unauthorised or clone firms. Protect yourself and find all recent warnings fca.org.uk/consumers/unau… #FCAWarnings #FinancialRegulation
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Financial Conduct Authority
@TheFCA
Jun 9
Our Deputy Chief Executive, Sarah Pritchard, attended @HoCcommitteesUK to discuss the Government's financial inclusion strategy and how helping consumers is embedded into our work. We want to ensure people have access to appropriate and affordable financial products and
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Financial Conduct Authority
@TheFCA
Jun 9
At @HoCcommitteesUK, our Deputy Chief Executive, Sarah Pritchard, highlighted our review of the claims management market. She reminded car finance customers that you don’t need to use a claims management company or law firm to claim compensation. If you have concerns about how
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Financial Conduct Authority
@TheFCA
Jun 9
First-time buyers, older borrowers and the self-employed could find it easier to get a mortgage under our new proposals. fca.org.uk/news/press-rel… #HelpingConsumers #FCAGrowth #Mortgages
fca.org.uk
FCA proposes changes to help more people access mortgages
Our mortgage rules need to keep pace so those who can afford to repay can borrow.
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Financial Conduct Authority
@TheFCA
Jun 8
Daniel Pugh is currently serving 7 and a half years in prison for defrauding investors out of £1.3m through the fraudulent Investments Imperial Investment Fund. Only 19% of the funds Pugh collected from investors were ever traded. We've secured a confiscation order of
1.4K
Financial Conduct Authority
@TheFCA
Jun 8
We’re warning consumers about misleading car finance ‘money tips’ adverts on social media issued by claims management companies (CMCs) and law firms. We’ve seen adverts that look like impartial advice from an individual which are paid promotions from CMCs and law firms designed
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Financial Conduct Authority
@TheFCA
Jun 5
In the past 7 days we issued 25 warnings about unauthorised or clone firms. Protect yourself and find all recent warnings fca.org.uk/consumers/unau… #FCAWarnings #FinancialRegulation
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Financial Conduct Authority
@TheFCA
Jun 4
We’ve opened an enforcement investigation into Consultation Claims Ltd (CCL) following concerns about its conduct in the period April 2025 to December 2025 in relation to motor finance claims. We’re investigating concerns that consumers may have been signed up during this period
fca.org.uk
FCA launches investigation into second motor finance claims management company
The FCA has opened an enforcement investigation into Consultation Claims Limited (CCL) following concerns about its conduct in the period April 2025 to December 2025 in relation to motor finance...
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Financial Conduct Authority
@TheFCA
Jun 3
Football clubs should not put their fans’ cash at risk by signing sponsorship deals with financial firms that aren't allowed to operate in the UK. Millions of football fans trust their club’s badge. Clubs should not let unauthorised financial firms exploit that loyalty by
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