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May 21, 2025
Imagine walking into your local pawnbroker to cash a cheque or exchange currency, only to discover you’re owed money from a previous transaction. Thanks to a recent initiative by the Financial Conduct Authority (FCA), this scenario is becoming a reality for many customers. The Surplus Dilemma In the pawnbroking world, when a pawned item sells...
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On 24th April 2025, the Financial Conduct Authority (FCA) announced a significant overhaul of its supervisory communications, aiming to simplify and modernise its engagement with regulated firms. This initiative is part of the FCA’s broader strategy to enhance regulatory efficiency and support the implementation of the Consumer Duty. Key Changes to Supervisory Communications 1. Discontinuation...
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Imagine this: you’re a team member in the IT Department at a well-known retail giant, and you’re suddenly told to stay overnight at the office — not for a team-building exercise, but because of a major cyber incident. You’re cut off from critical systems, communication is in disarray, and paranoia is spreading faster than malware....
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