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12 Months On From the FCA Consumer Duty Launch
Finance
August 22, 2024

12 Months On From the FCA Consumer Duty Launch

It’s been a year since the Financial Conduct Authority (FCA) introduced the Consumer Duty, a regulation aimed at reshaping the way financial services firms operate and engage with their customers. With its focus on delivering better outcomes for consumers, the Duty has required firms to rethink their practices, ensuring that their services are fair, transparent, and supportive.

FCA Cracks Down on SVS Securities Individuals Over Pension Fund Misconduct
Finance
August 15, 2024

FCA Cracks Down on SVS Securities Individuals Over Pension Fund Misconduct

The Financial Conduct Authority (FCA) has decided to ban and fine three individuals involved in running SVS Securities Plc (SVS), a discretionary fund manager. The decision comes in response to severe misconduct that jeopardised the financial well-being of nearly 900 customers.

TikTok Under New Scrutiny in US Over Child Privacy Concerns
Data
August 8, 2024

TikTok Under New Scrutiny in US Over Child Privacy Concerns

Digital privacy for children is being scrutinised, particularly for the social media giant TikTok. This is not the first time there have been concerns about risks to child privacy.

FCA Delays Decision on Whether firms Systemically Mis-Sold Car Finance through Discretionary Commission Agreements
Finance
August 2, 2024

FCA Delays Decision on Whether firms Systemically Mis-Sold Car Finance through Discretionary Commission Agreements

The Financial Conduct Authority (FCA), announced they were delaying their planned decision on whether firms systemically mis-sold car finance through Discretionary Commission Agreements from September 24 to May 25.

Booking.com Issues Warning on Travel Scams
August 1, 2024

Booking.com Issues Warning on Travel Scams

Booking.com has issued a warning about a dramatic increase in travel scams driven by artificial intelligence (AI). The company’s internet safety chief reported a staggering “500 to 900% increase” in these scams over the past 18 months, particularly highlighting the surge in phishing attacks.

Businesses to Receive Fairer Treatment and Broker Fee Transparency Under New Ofgem Rules
Business
July 22, 2024

Businesses to Receive Fairer Treatment and Broker Fee Transparency Under New Ofgem Rules

Ofgem has announced new rules that will take effect from 1st July 2024, a move to enhance fairness, transparency, and support for non-domestic energy consumers.

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