Written by The financial regulator has warned the former hedge fund manager Crispin Odey that it is planning to take action against him for failing to act with integrity, and deliberately frustrating a disciplinary process into sexual harassment allegations in order to protect his own interests. The Financial Conduct Authority (FCA) said it had notified Odey that […]
The judgment on “secret” commission payments could have far-reaching implications for lenders, beyond those covered by an continuing investigation by the Financial Conduct Authority (FCA). The consumer champion Martin Lewis suggests the row “has the potential to shake up more than just car finance”. How did we get here? In January, the FCA launched an […]
The Financial Conduct Authority stated that between 2017 and mid-2023 Volkswagen Finance Services failed to treat customers in financial difficulty fairly. (File pic) LONDON: A UK regulator today said it had fined a division of German car giant Volkswagen £5.4 million (US$7 million) over its treatment of customers in financial difficulty. Volkswagen Financial Services (UK) […]