The Financial Conduct Authority (FCA) has announced that the pause on handling motor finance complaints will be lifted on 31 May 2026. This decision follows an earlier suspension that began in January 2024, which was implemented to address issues related to the handling of these complaints. The FCA aims to finalize and implement a compensation scheme during this interim period, allowing firms ample time to prepare for the resumption of complaints processing. The move is part of the FCA’s ongoing efforts to ensure fairness and transparency in the financial services industry, particularly in motor finance. The announcement signals a commitment to resolving outstanding consumer complaints and reinstating normal operations, which could benefit both consumers and businesses in the sector.
[Date: 3 December 2025]
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🚨 FCA censures Institute of Certified Bookkeepers for failings in anti-money laundering supervision
In a significant regulatory action, the Financial Conduct Authority (FCA) has censured the Institute of Certified Bookkeepers (ICB) for serious shortcomings in its anti-money laundering (AML) supervision. This marks the FCA’s first enforcement outcome against a professional body supervisor. The FCA found that ICB failed to adequately oversee the AML compliance of its members, raising concerns about the potential for financial crime. As a professional body responsible for supervising bookkeeping practices, ICB’s deficiencies are particularly concerning given the increasing emphasis on robust AML measures across the financial sector. The FCA’s action underscores the importance of effective supervision in combating money laundering and safeguarding the integrity of the financial system.
[Date: 3 December 2025]
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🔒 Cyber security incident, Monday 2 December update
Details regarding a cyber security incident that occurred on Monday, 2 December, have emerged, although the specifics of the breaches and the entities involved remain unspecified. Authorities are likely assessing the impact of the incident, which has raised concerns over data security and potential breaches. Cyber security incidents have become increasingly common, prompting organizations to bolster their defenses and improve incident response strategies. Updates on the situation will likely follow as investigations proceed and more information becomes available.
[Date: 3 December 2025]
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🕰️ The best selling watches of 2025, according to some of the UK’s top retailers
As the year 2025 comes to a close, several leading retailers in the UK have shared insights into the best-selling watches of the year. These timepieces reflect current trends in style, functionality, and luxury, showcasing a mix of classic designs and modern innovations. The popularity of certain brands and models highlights consumer preferences and market dynamics within the luxury watch sector. Retailers have noted that factors such as craftsmanship, brand heritage, and technological advancements have influenced purchasing decisions, making this year’s selection particularly diverse and intriguing.
[Date: 3 December 2025]
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🔑 Key service updates for residents following cyber incident
Following the recent cyber security incident, local authorities have issued key updates for residents regarding service availability and operational adjustments. While specific details of the incident remain under review, the authorities are taking necessary precautions to ensure public safety and data integrity. Residents are encouraged to stay informed about service disruptions and to utilize available online resources for updates. This proactive communication aims to maintain transparency and support for the community during this challenging time.
[Date: 3 December 2025]
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⌚ This Christopher Ward x Studio Underd0g is your gateway into pocket watches
The collaboration between Christopher Ward and Studio Underd0g has resulted in a unique pocket watch that is garnering attention from watch enthusiasts. This piece signifies a blend of traditional craftsmanship and contemporary design, aimed at reintroducing pocket watches to a modern audience. The watch features innovative elements while paying homage to classic styles, making it an appealing choice for both seasoned collectors and newcomers to the world of horology. This collaboration highlights the ongoing revival of pocket watches in a market dominated by wristwatches, showcasing the versatility and enduring charm of these timeless timepieces.
[Date: 3 December 2025]
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