New contactless card rule in March 2026 'date set'
A new rule changing the cap on contactless card payments in the UK will be implemented from March 2026, allowing banks to set higher limits if they choose.
'Reckless' ex-Carillion boss fined £237,700 by regulator
Richard Howson, the former CEO of Carillion, has been fined £237,700 by the Financial Conduct Authority for misleading communications regarding the company's financials prior to its collapse in 2018.
Buy now, pay later shake-up with stricter checks from July confirmed
Changes to buy now, pay later schemes will ensure stricter affordability checks and improved customer support starting July 15, 2026.
Lib Dems urge FCA to investigate Peter Mandelson over potential insider trading
The Liberal Democrats have called for an investigation into Peter Mandelson by the UK's Financial Conduct Authority due to allegations of insider trading related to leaked government information.
UK law firms get ready for crackdown on money laundering
UK law firms are preparing for new anti-money laundering regulations as the Financial Conduct Authority takes on the role of the sector's watchdog, threatening stricter penalties and changes in the industry.