The Latest Breaking News from 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 said it had held a ‘constructive’ meeting with savings providers.

Bosses at some of the UK's biggest banks, Lloyds, HSBC, NatWest and Barclays are to face questions by the Financial Conduct Authority (FCA) this week on the speed it passes on the rate rises to savers

High street banks will meet the Financial Conduct Authority over concerns high interest rates are not being passed on to to savers.

The chief executives of HSBC, NatWest, Lloyds and Barclays are expected before the Financial Conduct Authority.

The Financial Conduct Authority said it has found too many examples of customers not getting the service they are entitled to.

The Financial Conduct Authority (FCA) issued a notice this week saying Direct Line "must carry out" a review of the total losses of vehicles between September 2017 and August 2022

Chancellor met with lenders to discuss what they can do to support struggling households