First Trust China Fund (FCA)
NASDAQ (NMS) NASDAQ (NMS) Primary 
Lloyds raises motor finance provisions to £1.95bn but questions FCA methods
Lloyds Banking Group PLC (LSE:LLOY) told investors that it will make an extra £800 million charge for the motor finance redress scheme, bringing its total provisions to £1.95 billion. The lender questioned the Financial Conduct Authority's proposed methodology, announced a week ago, stating it does not reflect actual customer loss or align with the Supreme Court's judgment in early August.
FCA intervention may complicate pay-out process; so what does this mean for Lloyds investors?
The Financial Conduct Authority (FCA) pushed back against a sweeping court ruling that could force banks to pay out billions in motor finance compensation, which may limit payouts but complicate the compensation process, according to research from RBC Capital. Submitting its views to the Supreme Court, the FCA said the Court of Appeal had gone “too far” by assuming all car dealers owed customers a fiduciary duty - meaning a legal obligation to act in their best interest.
Lloyds, Close Bros and other motor finance lenders face redress scheme, says FCA
A motor finance redress scheme has been proposed by the UK financial watchdog if the current review, including a looming Supreme Court decision, finds that customers have lost out due to widespread failings by lenders, including Lloyds Banking Group PLC (LSE:LLOY) and Close Brothers Group PLC (LSE:CBG). In that case, the Financial Conduct Authority (FCA) confirmed that it is likely to launch a consultation about an industry-wide redress scheme.
UK's FCA bans former Credit Suisse executives following US criminal convictions
Two former Credit Suisse managing directors have been banned from the UK financial services industry after they pleaded guilty in the United States over their role in Mozambique's "tuna bond" scandal, Britain's Financial Conduct Authority said on Tuesday.
ETFs to Bet Big on China Amid Fund Rotation
Several hedge funds are pouring money into Chinese equities on the DeepSeek buzz and the potential for the country's policy easing.
Lloyds, Close Bros get longer to address hidden motor finance fee complaints
The Financial Conduct Authority (FCA) has increased the time companies have to address complaints over historic motor finance deals which did not involve non-discretionary commission payments. Firms had until 4 December 2025 to respond to such complaints, which the FCA noted was in line with a deadline for those involving non-discretionary commission agreements.
China May Ease Monetary Policy After 14 Years: ETFs in Focus
The Politburo of China announced it will now adopt a "moderately loose" monetary policy -- a term China last used in 2010.
Lloyds, Close Bros to get motor finance reprieve under FCA proposals
The Financial Conduct Authority (FCA) has proposed to extend the deadline for lenders to handle complaints surrounding motor finance agreements involving non-discretionary commission arrangements. Under the proposals, affected firms will have to either May 31, 2025, or December 4, 2025, to provide final responses to motor finance complaints.
FCA says ex-Barclays CEO Staley misled it over Epstein contacts during probe
Ex-Barclays CEO Jes Staley gave misleading answers to Britain's Financial Conduct Authority about his dealings with Jeffrey Epstein when it was investigating his relationship with the disgraced financier, the FCA's lawyers alleged on Monday.
Britain's FCA fines Metro Bank for anti-money laundering failings
Britain's Financial Conduct Authority (FCA) has fined Metro Bank 16 million pounds ($20.51 million), for failings in its anti-money laundering controls between June 2016 and December 2020.
Coinbase Fined $4.5 Million Over ‘High Risk' Customers
Coinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July 25) by the Financial Conduct Authority (FCA), was levied against a subsidiary of the cryptocurrency exchange, CB Payments Limited (CBPL), which the FCA says repeatedly violated a requirement preventing the company from doing business with high-risk clients.
Coinbase entity slapped with FCA fine for onboarding high-risk customers
An entity controlled by Nasdaq-listed cryptocurrency trading platform Coinbase Global Inc (NASDAQ:COIN) has been slapped with a £3.5 million fine from the UK Financial Conduct Authority for failing to prevent high-risk customers from using its platform. The FCA determined that CB Payments Limited (CBPL), which is a part of Coinbase, repeatedly breached a voluntary requirement that it entered into with the FCA in October 2020.
