Financial firms in the UK have paid out £243 million in the first half of 2024 to address complaints, according to recent reports. The Financial Conduct Authority (FCA) has noted a 72% increase in non-financial misconduct complaints over the past three years, driven by high-profile scandals, including allegations of sexual harassment against hedge fund chief Crispin Odey. Furthermore, a survey by the FCA indicates that City firms seldom penalize employees financially for misconduct, while rising claims of bullying and harassment have been observed across the sector. The FCA's efforts to prosecute 'finfluencers' promoting unauthorized investments may face challenges, as overseas firms can bypass British regulations with online offerings.