FCA orders firms to amend/withdraw 2,211 promotions in Q1 2024

FCA orders firms to amend/withdraw 2,211 promotions in Q1 2024

The UK Financial Conduct Authority (FCA) has ordered authorised firms to amend or withdraw 2,211 promotions in Q1 2024.

The retail investments and retail lending sectors had the highest amend/withdraw outcomes, totalling 85% of FCA interventions with authorised firms.

Some of the most common breaches involved claims management companies, credit broker firms, and Contract for Difference (CFDs) providers.

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