Tag #Fca

Showing 13 to 24 of 26 results

theguardian.com
🌐 85% Global Worthiness
News related image

£1 Billion at Risk in UK Car Loan Data Deletion Scandal

UK consumers risk losing £1 billion in compensation due to deleted data on inflated car loans, following an FCA investigation into unlawful commission arrangements; a Supreme Court ruling is awaited, potentially triggering a massive redress scheme.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Staley Faces Lifetime Ban for Alleged Lies About Epstein Ties

Former Barclays CEO Jes Staley faces a lifetime ban from the UK financial sector for allegedly lying to the FCA about the extent of his relationship with Jeffrey Epstein, despite evidence suggesting close ties including emails between Staley's daughter and Epstein until at least 2017.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
dailymail.co.uk
🌐 90% Global Worthiness
News related image

FCA Proposes \£10 Billion Redress Scheme for Mis-Sold Car Finance

The UK's financial regulator, the FCA, is proposing an industry-wide redress scheme to compensate millions of motorists affected by mis-sold car finance following a Supreme Court ruling that deemed secret commission payments to car dealers unlawful, potentially leading to over \£10 billion in payout...

Progress

44% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
News related image

Staley Challenges UK Financial Ban Over Epstein Links

Former Barclays CEO Jes Staley is legally challenging a UK financial industry ban and \$1.8 million fine from the Financial Conduct Authority (FCA) for misleading statements about his relationship with Jeffrey Epstein, which the FCA says included contact through Staley's daughter until at least Febr...

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
theguardian.com
🌐 85% Global Worthiness
News related image

Staley Challenges UK Regulator's Ban Over Epstein Ties

Former Barclays CEO Jes Staley is challenging a UK financial regulator's ban stemming from allegations he misled them about his relationship with Jeffrey Epstein; this two-week court case will involve high-profile witnesses and thousands of emails detailing a close relationship, including discussion...

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Former Analyst Accused of £1 Million Insider Trading Scheme During Pandemic

Redinel Korfuzi, a former Janus Henderson analyst, and three others are on trial at Southwark Crown Court for allegedly making nearly £1 million through insider trading between 2019 and 2021, exploiting the cover of pandemic-related homeworking.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Meta's Slow Response to FCA Takedown Requests Exposes Systemic Issue in Online Financial Scam Regulation

Meta, owner of Instagram and Facebook, took six weeks to remove content flagged by the FCA as promoting financial scams, significantly slower than other platforms; this inaction contributes to a broader systemic problem of online financial fraud impacting younger investors.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

FCA Bans Crispin Odey, Imposes £1.8m Fine for Obstructing Sexual Harassment Investigation

The UK's Financial Conduct Authority (FCA) banned hedge fund manager Crispin Odey from the City and fined him £1.8m for obstructing a sexual harassment investigation between December 2021 and November 2022, actions which led to the closure of his firm Odey Asset Management in October 2023.

Progress

44% Bias Score

Gender Equality
theguardian.com
🌐 75% Global Worthiness
News related image

FCA scraps transparency reforms after City lobbying

The UK's Financial Conduct Authority (FCA) scrapped plans to increase transparency in investigations following lobbying from City firms; the regulator will retain the restrictive "exceptional circumstances" rule, despite concerns raised by consumer groups and the British Steel pension scandal.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Staley Challenges FCA Ban over Epstein Ties, Citing Barclays' Knowledge

Former Barclays CEO Jes Staley is challenging a 2023 FCA ban and £1.8m fine for misleading the regulator about his relationship with Jeffrey Epstein, claiming Barclays knew the extent of his ties and that a letter to the FCA was only intended to address their lack of knowledge of Epstein's illegal c...

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
bbc.com
🌐 85% Global Worthiness
News related image

Bank of Ireland Reserves €172m for UK Car Finance Mis-selling

Bank of Ireland set aside €172m (£142m) for UK car finance mis-selling compensation following an FCA inquiry into hidden charges, impacting its 2024 profit (€1.9bn) while its UK division showed a 27% profit increase to £303m.

Progress

28% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Millions Owed in UK Car Finance Scandal

Millions of UK motorists who financed car purchases since April 2007 may be owed thousands in compensation due to an FCA investigation into undisclosed commissions used by car dealerships, potentially costing £30 billion.

Progress

52% Bias Score

Reduced Inequality

Showing 13 to 24 of 26 results