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FCA warns Google and social media of legal action over scam adverts

Warning sign against cloud backdrop

The Financial Conduct Authority has warned social media companies that it will take legal action if they keep publishing scam adverts.

Speaking to the Treasury select committee on 14 June Mark Steward, executive director of enforcement and market oversight at the FCA, said that last year the regulator issued just over 1200 warnings

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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