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BIZARRE: The financial conduct authority - You Need To See This

People seeking debt help urged to watch out for these ‘red flags’

The Financial Conduct Authority said it is concerned that some people are being steered towards debt solutions that are unsuitable for their needs.

Evening Standard

Financial watchdog taking loan notes firm Hunter Jones to high court

The FCA is asking the court to require the company, run by social media influencer Reece Mennie, to return money to investors.

Evening Standard

Narrowing the ‘protection gap’ could help cushion families from financial shocks

The Financial Conduct Authority said research indicates 58% of adults have no life insurance, critical illness cover or income protection.

The Independent UK

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Odey showed ‘arrogant entitlement’ in bid to overturn City ban, regulator says

Mr Odey had taken legal action against the Financial Conduct Authority over its decision to ban him from the UK finance industry.

Evening Standard

Financial watchdog warns savers could lose everything in high-risk online adverts

The regulator said it has issued more than 1,200 warnings so far this year

The Independent UK

Big investment return promises could see people losing all their money – FCA

The City regulator is warning people about the risks of investing in loan notes and mini-bonds issued by unregulated companies.

Evening Standard

US senator accuses Barclays of ‘failure’ to investigate ex-CEO’s ties to Epstein

Exclusive: Elizabeth Warren claims bank did not ‘meaningfully investigate’ Jes Staley’s links with sex offender

The Guardian - UK

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Stronger protections for buy now pay later customers come into force

Providers will come under the regulation of the Financial Conduct Authority and customers will have stronger support if something goes wrong.

Evening Standard

Buy Now, Pay Later rules are changing. Here’s what you need to know

Almost 11 million shoppers used BNPL services in the 12 months to May 2024

The Independent UK

Bank of England handed powers to regulate key tech firms including Amazon and Google

Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economy

The Guardian - UK

Firms improving design of products and services under Consumer Duty, FCA finds

People should be able to trust products and services are designed for them, monitored properly, and deliver expected outcomes, the regulator said.

Evening Standard

Global Market: UK regulator urged to consider rules for AI chatbots in financial advice

A UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini within its regulatory framework as their influence on consumer financial decisions grows. The report also warned of systemic risks from increasing reliance on a handful of AI and cloud…

The Economic Times

Banks commit to improving basic bank account access after poor practice found

People with a poor credit history may struggle to access a standard current account, meaning a basic bank account can be vital to them.

Evening Standard

Labour calls for probe into Farage’s ‘crypto lobbying to line donor’s pockets’

The Reform UK leader reportedly sought to block Bank of England proposals for a state-run digital currency.

Evening Standard

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Evening Standard

City watchdog closes Drax biomass probe after sustainability concerns

The Financial Conduct Authority said it had not found evidence that justified any further action.

Evening Standard

Car finance payouts likely to be delayed until at least 2027, warns watchdog

The Financial Conduct Authority said it has already spent more than £20 million developing the plans and that further costs lie ahead.

The Independent UK

FCA aims to help more people such as first-time buyers to access mortgages

The regulator said it believes that some creditworthy people may be currently underserved by the market.

The Guardian - UK

City watchdog sues Neil Woodford for allegedly offering unauthorised investment advice

Move comes months after the FCA announced plans to ban the former investment star from holding senior City roles after collapse of popular equity fund

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The Independent UK

Student loans crisis ‘comparable to PPI scandal’, education tsar suggests

This year has seen rising criticism of the student loans system after the chancellor announced at the autumn 2025 budget the repayment threshold would be frozen for three years

AAP

Ultima Markets Celebrates Its 10th Anniversary and Inter's Double with Exclusive VIP Tour at San Siro

EBENE CYBERCITY, Mauritius, June 2, 2026 /PRNewswire/ -- Ultima Markets recently hosted clients and institutional partners in Milano for an exclusive VIP corporate hospitality tour, celebrating a unique convergence of milestones, FC Internazionale Milano's historic Double and Ultima Markets' 10th anniversary.

The Guardian - UK

FCA’s Palantir deal could expose UK financial data to Trump’s US, critics fear

Exclusive: MP and campaigners say sensitive citizen and company data could be subject to US disclosure laws

Evening Standard

Young drivers urged to steer clear of ‘ghost broking’ insurance scams

The Financial Conduct Authority is urging motorists to be wary of offers that sound too good to be true.

Evening Standard

Review will check if investment firms offer bereaved customers adequate support

The FCA will look at the experience customers have from when firms are told about a bereavement, through to the settlement or transfer of investments.

Evening Standard

Regulator to review claims management companies amid ‘poor practices’ concerns

Consumers were being let down ‘too often’, the Financial Conduct Authority said.

Evening Standard

City regulator reviewing whether APRs help consumers understand borrowing costs

The Financial Conduct Authority said that to help people navigate their financial lives, it is asking for views on whether there is a better way.

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