FCA

W(r)onga message

The Financial Conduct Authority (FCA) has fined and banned two former directors of Pritchard Stockbrokers for recklessly failing to protect client money.

Hospitality

Disrupting the disruptors

The end of corporate hospitality?

Wonga will write off the debts of 330,000 customers, worth £220m, after the FCA found flaws in its system for assessing the ability of borrowers to pay back their debts.

Tesco has said the Financial Conduct Authority (FCA) has started an investigation into its accounting error, after the supermarket revealed last month it had overstated its half year profits by £250m.

A financial adviser has been charged with 12 counts of fraud which is said to have netted him over £1m worth of clients assets.

Regulation

The Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at supermarket giant Morrisons with insider dealing.