#RegulatoryActionsReport – Moonstone Information Refinery

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Key judgments clarified the FSCA’s ability to investigate misconduct, resist procedural delays, and pursue cross-border enforcement.

The regulator is scrutinising how derivative positions, suspicious trading, and failures by gatekeepers can undermine market integrity.

The Regulatory Actions Report shows how the Authority is combining penalties, licence withdrawals, and debarments to tackle serious misconduct.

The regulator highlights how digital scams, referral models, and trading signals can pull consumers into unlicensed services.

The FSCA says enhanced identity checks have strengthened the integrity of the regulatory examination process and reduced impersonation.

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.