Citigroup fined £12.5m by UK financial watchdog Citigroup's international broking business has been fined £12.5m by the UK financial watchdog over past failures to properly apply rules designed to halt suspicious trading … Business • 19 Aug
Amigo shares up as watchdog says it may resume lending Shares in British sub-prime lender Amigo soared as much as 81% today after a financial regulator said the firm could resume lending subject to conditions … Business • 07 Mar
Facebook faces £2.3 billion UK class action case Social media giant Facebook now known as Meta Platforms, faces a £2.3 billion plus class action in Britain over allegations it abused its market dominance … Business • 14 Jan
HSBC fined £64m for UK anti-money laundering failings Britain's financial regulator has fined HSBC £63.95m for failings in its anti-money laundering processes. Business • 17 Dec 21
NatWest pleads guilty to money laundering offences NatWest has today pleaded guilty to failing to prevent the laundering of nearly £400m, the first bank in Britain to admit to such an offence. Business • 07 Oct 21
Ailing Amigo secures funding line waiver extension Amigo said it has secured three months breathing space on a funding line as it scrambles for its survival, but it has been cut to … Business • 25 Jun 21
UK court rejects subprime lender Amigo's rescue plan The UK High Court has rejected a rescue plan from subprime lender Amigo that would have cut compensation payouts to customers for mis-selling loans, sending … Business • 25 May 21
NatWest money laundering case linked to second trial Criminal money laundering charges against UK bank NatWest are linked to a separate case against 13 individuals based in cities across the country, prosecutors have … Business • 22 Mar 21
NatWest faces action over money laundering offences The UK financial regulator said today it had launched criminal action against a unit of NatWest over money laundering offences. Business • 16 Mar 21
UK may raise contactless ceiling after payment surge Britain will look into raising the limit on contactless payments from £45 to £100 to keep pace with a change in spending habits during the … Business • 27 Jan 21
UK court hands firms victory in Covid insurance ruling The UK Supreme Court has ruled today that thousands of businesses should be insured for some losses amassed after a national lockdown to curb the … Business • 15 Jan 21
UK backtracks over curbs on cross-border swaps trading Britain's markets watchdog said today that it would allow UK market participants to use platforms in the European Union to trade swaps for up to … Business • 31 Dec 20
Amigo flags going concern uncertainty as Covid-19 bites Subprime lender Amigo has reported a 36.5% fall in first half revenues and flagged "material uncertainty" about its future operations. Business • 26 Nov 20
Carillion 'recklessly' mislead markets before collapse Collapsed builder Carillion and some of its executive directors were "reckless" in failing to ensure that their public announcements did not mislead investors, Britain's Financial … Business • 13 Nov 20
UK watchdog warns banks over remote working rules Banks must apply the same standards of surveillance and conduct to staff working from home or in the office during the pandemic and in future … Business • 12 Oct 20
Amigo to set aside more cash to settle complaints British lender Amigo said today it had extended a deadline with the Financial Conduct Authority to deal with a backlog of customer complaints and set … Business • 03 Jul 20
UK subprime lender Amigo abandons sale UK subprime lender Amigo is no longer up for sale after a potential bidder pulled out of the process and its chairman Stephen Wilcke resigned … Business • 08 Jun 20
Britain eases financial reporting rules during epidemic UK financial regulators announced a welter of measures today to give companies more time to publish results and banks more leeway for handling troubled loans. Business • 26 Mar 20
UK firms defer results after regulators call for delays UK companies including home improvement group Kingfisher - which owns B&Q - said they would delay full-year results for at least two weeks, heeding a … Business • 23 Mar 20
UK financial watchdog launches M&C Saatchi probe M&C Saatchi said the UK financial watchdog had started an investigation after the advertising agency revealed an accounting scandal last year, which led to profit … Business • 31 Jan 20
Hedge funds gained early access to BoE press feeds The Bank of England has admitted a rogue supplier has been misusing feeds of its press briefings, allowing high-speed traders access to market-sensitive information seconds … Business • 19 Dec 19
UK markets watchdog wants retail ban on crypto-assets The UK's markets watchdog is proposing banning the sale of derivatives based on crypto-assets to retail consumers from early 2020 due to what it considers … Business • 03 Jul 19
UK watchdog shakes up 'dysfunctional' overdraft market UK banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority said today. Business • 07 Jun 19
Brexit: EU and UK markets watchdogs agree pacts European Union and UK market watchdogs have agreed pacts for swapping information on asset managers, credit rating agencies and transaction reporting bodies to avoid chaos … Business • 01 Feb 19
Tesco Bank fined £16.4m over cyber attack Tesco Bank has been fined £16.4m by the UK watchdog following a major cyber attack in 2016. Business • 01 Oct 18
