Purchase has been approved by the European Commission.
Regulator calls on financial services market to submit applications before 28 March.
The money has been recovered from failed financial services firms and the watchdog claimed that these sums helped reduce FCSC fees.
The organisation has estimated that £1trn worth of financial services business across 23 companies has left the UK for the EU.
Huge penalty levied by the watchdog after a whistleblower sounded the alarm and the FCA launched an investigation which found firm failed to train staff to give suitable advice.
The Competition & Markets Authority has set up a panel to explore how its recommendations are being implemented.
The change will see the limit go up from £150,000 from 1 April and could keep going up annually.
Economist Vicky Pryce also shared some insight around how the economy could perform following Brexit.
Citizens Advice calls for dual pricing discussion to “begin from the assumption that pricing differences are unfair” at Parliamentary meeting of regulators and trade bodies.
Regulator clarifies rules around Gibraltar-based firms.
The regulator has issued the information for companies to use in the event of hard or soft Brexit and urged brokers to act “without delay”.
The country has adopted some special provisions in case of a no deal Brexit.
The regulator said there was room for improvement and did not take action but expert suggests brokers expected the watchdog to intervene in what is seen as an “unbalanced market”.
However, the study into it did not identify “significant areas of harm” as Biba welcomes the final report.
A warning has been published by the regulator about a clone of Protect Your Bubble, which provides gadget and jewellery insurance.
Event in Manchester on 15-16 May is themed as ‘Leading the Way’.
FSCS planning for £516m budget.
Ida Axling and Emmanuel Kenning share their view on the news behind the top five headlines of the week.
Regulator set to review how Eldon and Leave.EU are complying with data protection laws.
The watchdog has been granted temporary transitional power to delay changes made under the EU Withdrawal Act.
Test your knowledge of the week's news with our topical quiz.
Trade body also predicts 2019/20 levies will be higher.
Regulator calls on providers to cover more ground on cyber in relation to risk management, risk appetite and strategy, and pledges to continue to keep cyber insurance underwriting risk under review.
Process piloted with 31 insurers is set to be made compulsory for all firms and most products.