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Regulators hit Citigroup with fines totalling nearly £62m

Citigroup Global Markets Limited (CGML) has been hit today with two fines by UK financial regulators totalling nearly £62m.

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FCA warns of ‘gaps’ as new Duty deadline looms

The FCA has written a Dear CEO letter to provider bosses to alert them to potential gaps in data as the Consumer Duty deadline for closed products looms.

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FCA defends its actions over BSPS scandal

The FCA has responded robustly to complaints about the time it took to provide redress to victims of the British Steel Pension Scheme (BSPS) scandal.

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FCA monitors increase in overseas firms entering UK

The FCA is keeping a close eye on an ‘uptick’ in overseas firms trying to establish an operation in the UK but keeping senior staff overseas.

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