Search: financial focus

New research by credit reference agency Equifax has revealed that the financial uncertainty of 2020 means 85% of people in Scotland will change the way they manage their personal finances in the immediate and long-term future.

The Financial Conduct Authority (FCA) has published proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services. Some consumers currently pay fees of more than 40% of the redress they receive. The

The Financial Reporting Council (FRC) has announced Amendments to UK and Republic of Ireland accounting standards – UK exit from the European Union. The amendments update UK and Republic of Ireland accounting standards for changes in legislation following the UK’s exit from the European

The Financial Conduct Authority (FCA) has established a Temporary Registration Regime to allow existing cryptoasset firms, who have applied to be registered with the FCA, to continue trading. The FCA is advising customers of cryptoasset firms which should have applied to the FCA, but have not done s

Edinburgh-based financial advisory and asset management firm Melville Independent has announced the appointment of Matthew Irvine and Kristofor Banks to its senior executive team. The two have been appointed as directors in key strategic and development roles.

The Financial Reporting Council (FRC) has voiced renewed concerns about the financial market’s vulnerability to the failure of one of the Big Four audit firms that dominate the sector. The regulator said it had requested detailed information from Deloitte, KPMG, EY and PWC on their responses t

The Financial Conduct Authority (FCA) has confirmed its approach to the share trading obligation (STO) at the end of the Brexit transition period, if mutual equivalence is not agreed. Only mutual equivalence would mean that firms could continue to satisfy STO obligations at trading venues in both th

Risk-averse Scots are the least likely to take a risk with their investments, according to financial planning firm Wren Sterling.

Johnston Carmichael Wealth has been listed in the Top 25 FTAdvisor's Top 100 Financial Advisers 2020. Released annually, the FTAdviser Top 100 list showcases financial advisers standing out in the market for the quality and professionalism of their experts and their commitment to putting clients&rsq

The Financial Conduct Authority (FCA) is urging consumers struggling to make repayments due to the impact of coronavirus to speak to their lenders about options available to them. The FCA has put in place a package of support for people in difficulty to ensure help is available after October 31.

The Financial Reporting Council (FRC) has issued three sets of amendments to UK and Ireland accounting and reporting standards. The amendments address some topical issues, and maintain a necessary alignment with international standards.

The Financial Conduct Authority (FCA) has published final rules banning the sale of derivatives and exchange-traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA considers these products to be ill-suited for retail consumers due to the harm they pose.

The Financial Conduct Authority (FCA) has told firms to implement sustainable repayment arrangements for consumer credit and overdraft customers who are facing financial difficulty due to the coronavirus pandemic.  The call comes as the financial watchdog confirmed measures to ensure firms

The Financial Conduct Authority (FCA) has told banks and lenders to provide further support to homeowners who continue to face financial difficulties due to COVID-19 after the mortgage holiday scheme ends. 

The Financial Conduct Authority (FCA) has today published the findings of a review into relending by firms that offer high-cost credit. The review, which was completed prior to the coronavirus pandemic, highlights concerns about poor practices by some firms and notes that nearly half of consume