FCA

An elderly couple explores financial news regarding retirement income on a laptop, with a sense of focus and interest in their living room.

Check Retirement Income Support Processes, FCA Tells Financial Advisers

The Financial Conduct Authority (FCA) has urged financial advisers to review their processes when providing retirement income advice after finding that some firms are failing to take account of the needs of their customers. In a letter to the chief executive officers of financial advice firms (published 20 March 2023), Lucy Castledine, Director for Consumer Investments at the FCA, asks financial advisers to ensure their advice process complies with FCA requirements on information collection, suitability… Read More »Check Retirement Income Support Processes, FCA Tells Financial Advisers

Two professionals discuss documents and a digital tablet on a desk, focusing on aml compliance, with a headline about a broker fine.

FCA Fines Broker £6.5m for Historic AML Failings

The Financial Conduct Authority (FCA) has ordered ADM Investor Services International Limited (ADMISI), a broker affiliate of Archer Daniels Midland, to pay almost £6.5m for serious financial crime control failings.

FCA Strengthens AML Controls for Post Office Banking

The Financial Conduct Authority (FCA) has further strengthened Anti-Money Laundering (AML) controls in the UK by introducing at the end of April a series of measures designed to reduce the risk of money laundering via the Post Office