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18 June 2026 Financial Services Intelligence Watch

UK FCA seeks industry input on responsible AI adoption

The UK's Financial Conduct Authority (FCA) has reaffirmed its commitment to supporting innovation in artificial intelligence while ensuring that firms deploy AI responsibly, fairly and with appropriate governance. Rather than introducing AI-specific regulation, the FCA intends to rely on existing regulatory frameworks, including conduct, governance and consumer protection requirements ...

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UK FCA recovers proceeds of crime from £1.3m Ponzi scheme

The UK's Financial Conduct Authority (FCA) has secured a confiscation order of more than £452,000 (R10 million) against convicted fraudster Daniel Pugh, who is currently serving a seven-and-a-half-year prison sentence for operating a £1.3 million Ponzi scheme. According to the FCA, Pugh used Facebook advertisements to attract ...

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Working Smart

By Lee Rossini

Strategic planning is the process of defining a business’s long-term direction, setting priorities, allocating resources, and establishing a roadmap to achieve business objectives. It helps businesses move beyond day-to-day operations to focus on sustainable growth, competitive positioning, and future opportunities. While strategic planning is essential for businesses of all sizes, smaller businesses face unique challenges that can make the process difficult and, in some cases, neglected altogether.

CPD

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