FCA

Firms and senior managers to be held accountable for failings

The FCA and its Consumer Duty cited as sources of frustration

It is the first time the FCA has fined an audit firm

Analysis of latest Retail Mediation Activities Return data

Ruth Handcock on Consumer Duty and advice/guidance review impact

Advice firm declared in default after first claim was upheld

Expect update later this year, regulator says

Says regulator neglected to act on claims of potential fraud for more than two years

Framework designed to shift focus from costs to long-term value and deliver better outcomes

Comes as the regulator builds on its footprint in the city