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Individual fined for data protection breach and acquitted of fraud offence
An individual has been convicted for breaching the Data Protection Act, but acquitted of fraud and unauthorised business offences, following a prosecution brought by the FCA. On Monday 1 September, Ta...

Update on appointing a bond consolidated tape provider
We have received a legal challenge to our decision to award the contract for the bond consolidated tape provider. In response, we said:’We undertook a fair, competitive 2-stage process to ensure the...

Crypto Millionaires Rise 40% as Bitcoin Drives Wealth
The global number of crypto millionaires has jumped 40%, reaching 241,700. This growth coincides with a digital asset market valuation surpassing $3.3 trillion by mid-2025, according to 2025 Crypto We...

Stitch Fix Says AI Style Assistant Helps Clients Describe the Look They Want
Online personal styling service Stitch Fix continued to add digital and artificial intelligence (AI)-powered tools during the latest quarter, aiming to reinforce its shopping experience that includes ...

Google just asked the Supreme Court to save it from the Epic ruling
“The Supreme Court is Google’s last hope to avoid an Epic reckoning in October,” I wrote last week. Google apparently agrees. Today, it’s finally elevated its Epic v. Google case, the o...

Intel Said to Seek Investment From Apple
The Silicon Valley chipmaker has held talks with Apple about bolstering its finances as it looks to turn around its ailing business....

FCA continues to simplify supervisory communications
We’re making it easier for firms to find up-to-date supervisory communications on our website. We’re simplifying our multi-firm and thematic reviews and labelling those published before 2022 as �...

FCA shares proposals to promote good business practices amongst crypto firms
The FCA is seeking feedback on proposals on the minimum standards crypto firms will need to comply with. The proposals mirror many requirements which already apply to traditional financial firms, such...

FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...

Regulating for growth – the future is now
Speech by Jessica Rusu, FCA chief data, information and intelligence officer, delivered at Travers Smith’s Future of Fintech 2025, Merchant Taylors’ Hall. The invite for this conference highlights...

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