Blog | Riskskill

Has the FCA CEO Gone Bonkers?

Nikhil Rathi was recently re-appointed as the FCA boss for a further term. He warned in his speech to the Mansion House ‘city dinner’ in late October 2025 that the UK is poorly protected from cyber attacks upon its foreign controlled critical infrastructure; that includes data centres and payment networks. In earlier Dear CEO letters and more recent FCA communications, he warns that companies are not looking after customer funds, that they should have wind-down plans to pre

Bill Trueman

1 day ago2 min read

Credit Repair Organisations - Will They ‘Kill' or ‘Cure'?

Credit repair / credit builder companies help consumers improve their credit score to access more borrowing and financial services. Do they succeed and are these practices morally OK? Will the Financial Conduct Authority (FCA) continue to critically review these firms and how many more will be required to clean their act up or cease operations? The sort of ’tricks’ used by credit repair companies ….. · A consumer must pay, say £200, into an account with a 'credit repair

Bill Trueman

2 days ago2 min read

High Court Backs FCA’s Ability to ‘Name and Shame’ Firms in Exceptional Cases

FCA Now More Likely to ‘Name and Shame’ Firms That 'Fall Foul' of the its Regulations The High Court has confirmed that the Financial Conduct Authority (FCA) can, in exceptional circumstances, warn the public before it concludes an investigation. This is great news; we need a faster-acting FCA to protect, especially vulnerable customers, from the most errant offenders. FCA regulations and rules are not optional, but mandated upon all regulated firms to protect us as customer

Bill Trueman

5 days ago2 min read