Enforcement
FCA recovers £851k for crypto fraud victims as confiscation orders land against two convicted fraudsters
Two men jailed in 2025 for running a fake cryptoasset scheme must now hand back £851k to the 65 investors they defrauded of £1.54m.
Enforcement
Enforcement
FCA secures sequestration order against Scottish broker who allegedly pocketed client premiums
A Scottish insurance broker faces bankruptcy and criminal trial after the FCA found he may have sold home and motor policies without passing premiums to insurers.
Enforcement
ITI Capital enters special administration: Teneo appointed, clients contacted within eight weeks
The FCA-authorised broker has been under activity restrictions since August 2025. Teneo has been appointed special administrators, and a clone-firm scam is already circulating.
Enforcement
FCA closes 21 CFD firms over UK authorisation misuse as two enforcement investigations begin
Twenty-one CFD firms have closed since the start of 2025 after using UK authorisation as a reputational badge for overseas operations. Two cases have escalated to formal enforcement investigations.
Enforcement
FCA takes Hunter Jones (Osborne Baldwin) to High Court over alleged unauthorised loan note sales
The FCA has launched High Court proceedings against Osborne Baldwin Limited over alleged unauthorised regulated activity, seeking to halt the business and return money to investors.
Enforcement
FCA bans Nurul Miah after SRA finds £28m client money fraud at Kingly Solicitors
The FCA has issued a full prohibition order against a formerly approved senior manager after the SRA found he dishonestly misappropriated more than £10m of client funds for personal benefit. Relevant to anyone holding client money or running fitness-and-propriety assessments.
Enforcement
Upper Tribunal confirms Odey industry ban: all five FCA allegations upheld, fine cut to £1.53m
The ban stands. The Tribunal found he dismantled his own firm's governance to escape accountability. For firms with owner-managers in senior manager functions, the mechanism is as instructive as the misconduct.
Enforcement
Man pleads guilty to fraud and forgery over fabricated Touchstone Exploration takeover bid
A London man has admitted fabricating a takeover approach for an AIM-listed oil company using false identities and forged documents. No action required; useful context on how the FCA is using its criminal enforcement powers.
Enforcement
FCA decides to ban and fine adviser £742,700 for unauthorised DB pension transfer advice
The FCA has decided to ban Daniel Thomas and fine him £742,700 for advising 53 clients on DB pension transfers without the required qualifications. Findings are provisional pending an Upper Tribunal hearing.
Enforcement
FCA bans three Dolfin Financial figures behind £35.5m investor visa scheme
Three former senior figures at Dolfin Financial have been banned from financial services after the FCA found they ran a scheme that helped clients bypass UK investor visa requirements using false evidence of compliance.
Enforcement
FCA bans and fines former SVS Securities CEO over conflicts of interest and hidden exit penalty
Demetrios Hadjigeorgiou steered client pension money into high-risk products while SVS took issuer payments, then failed to stop a 10% exit charge customers never knew about.
Enforcement
FCA permanently bans debt management senior manager for concealing High Court director disqualification
Howard Roland Duckett hid a ten-year director ban from the FCA while holding two senior management functions. The prohibition is permanent.