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Scott & Mears Credit Services Limited enters administration 
On 2 September 2025, Scott & Mears Credit Services Limited (SMCS), a debt collection firm, went into administration. Louise Longley and Julian Pitts of Begbies Traynor (Central) LLP were appointed as ...

Proposed contactless changes could increase convenience for consumers
Consumers could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the FCA. The FCA wants to give card providers the flexibility to ...

First court appearance for three ‘finfluencers’ charged in FCA-led global crackdown on illegal promotions
Charles Hunter, Kayan Kalipha and Luke Desmaris appeared before Westminster Magistrates’ Court, each individually charged with an offence relating to their social media posts. The individuals – of...

Showing financial crime the red card
Speech by Steve Smart, joint executive director of enforcement and market oversight, at the 1LoD Financial Crime Summit. Financial crime is still too often seen as a lesser offence. A small-scale scam...

FCA launches £1 million campaign to raise awareness of motor finance compensation scheme
The FCA is launching a £1 million campaign, letting motor finance customers know they don’t need to use a claims management company (CMC) or law firm to access an industry-wide compensation scheme ...

Trump Admin Continues To Order The Erasure Of American History From Our National Parks
Those who don’t know their history are doomed to repeat it, as the old saying goes. And those who choose not to teach that history, to continue this to its logical conclusion, are actively attemptin...

West brothers sentenced for insider trading and forced to pay £280,000
Matthew and Nikolas West have been sentenced for insider dealing, in a prosecution brought by the FCA. Matthew West has been sentenced to 15 months’ imprisonment, suspended for 2 years, along with a...

FCA seeks views on proposals to provide fair access to the London Stock Exchange’s data centre rooftop
The FCA is investigating whether the London Stock Exchange Group and the landlord of the LSE data centre building have hindered competition for low latency connectivity services (LLCS) between certain...

John Burford sentenced to 2 years in prison for £1 million investment fraud
John Burford has been sentenced to 2 years in prison in a £1 million investment fraud case, following a prosecution brought by the FCA. Mr Burford, who lives in Mansfield, defrauded over 100 investor...

Response to Government consultation on future of payment systems regulation
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Manag...

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