
Do fines deliver justice for victims of financial misconduct?
The FSCA’s success in collecting penalties remains uneven because of several structural and legal challenges.

The FSCA’s success in collecting penalties remains uneven because of several structural and legal challenges.

The FSCA records a marked increase in new investigations in 2024/25, particularly those related to unregistered insurance business.

FSCA pinpoints lack of oversight by KIs, FICA non-compliance, and unauthorised copy trading and funeral insurance business.