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Car buyers using Buy Now Pay Later products will be able to take complaints to the Financial Ombudsman Service from 15 July.
On 19 May 2026, the Financial Services and Markets Bill completed its first reading in the House of Lords. The Bill was referred to in the briefing notes of the King’s Speech as th...
The demise of MFS in February left creditors including major banks and private credit funds on the hook for more than £1.3bn.
On 8 June 2026, the Financial Ombudsman Service (FOS) published its response to the Financial Conduct Authority (FCA) consultation on simplifying the pensions and investment advice...
The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple Wall Street banks that collapsed in February....
On 19 May 2026, the Financial Conduct Authority (FCA) published terms of reference for a market study into claims management services. Summary The FCA set out that they are launchi...
On 20 May 2026, Meg Hillier, Chair of the Treasury Committee, published a letter to Nikhil Rathi, Chief Executive of the FCA, regarding the Motor Finance Compensation Scheme. The l...
Muscat: The Financial Services Authority (FSA) has approved the share allocation ratios for the initial public offering (IPO) of the Oman India Fertiliser Company (OMIFCO), followi...
On 8 July 2026, members of the House of Lords reached the end of detailed examination of the Financial Services and Markets Bill (the Bill) in committee stage. Topics considered du...
The NFDA and Financial Ombudsman Service have introduced a new process designed to improve communication with franchised car dealerships
On 3 July 2026, there was published The Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) (Amendment) Order 2026. Background This Statutory Instrume...
The Property Ombudsman has issued a provisional decision against a letting agency after finding it transferred a landlord's student HMO into a rent-to-rent arrangement without his...
On 9 June 2026, Lord Stockwood moved that the Financial Services and Markets Bill be read a second time in the House of Lords. After debate, the motion was agreed to. Lord Stockwoo...
As tensions between US activist hedge fund Saba Capital and a swathe of investment trust boards intensified since December 2024, the Financial Conduct Authority has emphasised its...
MUSCAT: The Financial Services Authority (FSA) has approved the prospectus for the initial public offering (IPO) of Oman India Fertiliser Company (OMIFCO), clearing the way for one...
The Financial Reporting Council is probing accountancy firms linked to Market Financial Solutions Ltd., a mortgage lender backed by multiple Wall Street banks.
The Property Ombudsman has ordered an estate agent to compensate buyers £790 after failing to disclose the existence of a competing purchaser during a property transaction. The cas...
Muscat: The Financial Services Authority (FSA) has issued a circular calling on all applicants who previously submitted registration and licensing applications to practise the acc...
Barred for life from directing or running companies - he stayed on for two year
On 18 June 2026, the Financial Services Regulation Committee (the Committee), a House of Lords Select Committee, published a letter to Lord Stockwood, Minister for Investment, abou...
On 5 June 2026, the Financial Conduct Authority and Office of Financial Sanctions Implementation entered into a Memorandum of Understanding (MoU). The MoU sets out the arrangements...
Muscat: The Financial Services Authority (FSA), represented by the Professional Conduct Committee, has issued an administrative decision to deregister Reliance Audit firm from the....
On 17 June 2026, the Australian Securities and Investments Commission (ASIC) announced that it is collecting and publishing website addresses of Australian Financial Services (AFS)...
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