The regulator has also sent seven cease and desist letters and issued 50 warning alerts.

Dale Jannels, CEO of One Mortgage System, says protecting client data while maintaining efficiency, compliance and customer experience is critical for advisers.

The FCA will confirm within six weeks of the Supreme Court judgment whether it is proposing to introduce a redress scheme. 

The FCA has identified three situations where there was broad support for increased transparency.

Simon Taylor, senior director at Yonder Consulting, says a lack of consumer awareness around Consumer Duty presents an opportunity for banks and building societies to take bold action...

However, the more relaxed borrowing drives up house prices, the less impact there will be on transactions.

The Tribunal agreed the pair should pay "substantial financial penalties".

The regulator will amend and update around 11,000 requirements, directions or limitations.

Proposed FCA rule changes are no reason for brokers to panic, experts speaking at the recent Mortgage Adviser Event in London said - highlighting the unique value advisers bring to the...

The FSCS is predicting fewer claims in the life distribution & investment intermediation (LDII) class.