The FCA found that the design of some digital loan processes lacks positive friction and excludes information consumers need, for example, on cost.

FCA’s research on unregulated BNPL found one-in-five (20 per cent) UK adults (10.9mn) had used it at least once in the 12 months to May 2024, up from 17 per cent (8.8mn) in 2022.

The FCA issued warning notices against Woodford and his company Woodford Investment Management in February 2024 for ‘failing to act with due skill, care and diligence’ over the failure of his ...

The Financial Conduct Authority (FCA) has been criticised for allowing Lloyds Banking Group to set up a "flawed" compensation scheme for victims of a massive fraud. The SME Alliance, which ...