The Latest Breaking News from the Financial Conduct Authority

The Financial Conduct Authority said people should discuss options with their lenders.

Loan fee fraud, where someone pays a fee for a loan they never receive, typically results in a £260 loss, the Financial Conduct Authority said.

Here is a look at the impacts of the 14-point action plan for the cash savings market, which has been set out by the Financial Conduct Authority.

The Financial Conduct Authority has set out a 14-point plan to ensure banks and building societies are passing on interest rate rises appropriately.

New “consumer duty” rules introduced by the Financial Conduct Authority (FCA) aim to set clear standards for the protection of financial consumers. Banks, building societies, investment and insurance firms, as well as many other types of business, are being told to “put their customers’ needs first”.

The Financial Conduct Authority took the estimate from its financial lives survey of more than 19,000 people across the UK.

The former Ukip leader said after his account was closed there is a danger of the UK moving towards a ‘Chinese-style social credit system’

Plans to assess FCA come in light of its growing list of responsibilities including cryptoassets, AI and competitiveness

Financial Conduct Authority chief to highlight risks of ‘deepfake’ fraud as well as benefits of Artificial Intelligence