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Amigo said today it was continuing to engage with the UK Financial Conduct Authority to find a way forward

Amigo says considering options, including insolvency

UK subprime lender Amigo Holdings said today it was considering all options for the company including a revised scheme of arrangement or insolvency, after a court last month rejected its rescue plan.

Business • 10 Jun 21

The Lloyds fine is the largest imposed by the UK watchdog for mortgage related failures

Lloyds fined £64m for overcharging mortgage customers

The UK Financial Conduct Authority has fined Lloyds Bank £64m for failures in handling hundreds of thousands of mortgage customers in difficulties or arrears.

Business • 11 Jun 20

Amigo offers loans of up to £10,000 to borrowers with weak credit histories at an average annual percentage rate of 49.9%

UK subprime lender Amigo launches formal sale process

British subprime lender Amigo said it was talking to potential buyers after launching a strategic review and sales process last month, sending its shares up 8%.

Business • 18 Feb 20

Merrill Lynch International fined £34.5m for failing to report £68.5m exchange traded derivative transactions

UK's financial watchdog fines Merrill Lynch £34.5m

Britain's financial watchdog has fined Merrill Lynch International £34.5m for failing to report £68.5m exchange traded derivative transactions, in what the watchdog said was the first fine of its kind.

Business • 23 Oct 17

If Scotland votes to leave UK, lawmakers in Edinburgh would have to decide how their financial market should be regulated

Scottish poll: UK financial watchdog making plans

Britain's financial regulator said today it has done "basic contingency planning" in case Scotland votes this month to become an independent country.

Business • 10 Sep 14

The FCA has prioritised the most serious Libor cases

FCA prioritises most serious Libor cases

Britain's financial watchdog said today it had prioritised the worst cases of Libor benchmark interest rate fixing, providing a signal that the largest fines for banks' alleged role in the scandal may already have been levied.

Business • 17 Jul 14

The FCA has fined Credit Suisse International £2.4m and Yorkshire Building Society £1.4m

UK watchdog fines Credit Suisse, Yorkshire BS

The UK Financial Conduct Authority has fined Credit Suisse International and Yorkshire Building Society for promising unrealistic returns to investors who had limited knowledge of markets.

Business • 16 Jun 14

Uk Financial Conduct Authority