The Financial Conduct Authority (FCA) has today launched a Call for Input (CFI) to help shape its work on improving the consumer investment market. The financial watchdog has said that too often, consumers receive lower returns than they should because of unsuitable products with high fees. It
Regulatory
The Financial Conduct Authority (FCA) has confirmed the extension of mortgage holidays for consumers who still face financial difficulties, as well as those whose financial situation may be newly affected by coronavirus after the current FCA mortgage guidance ends.
The Financial Conduct Authority (FCA) has today set out its expectations for the steps firms should take when considering closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.
The Financial Reporting Council's (FRC) Financial Reporting Lab is inviting investors and companies to participate in a new project on corporate disclosures on risks, uncertainties and scenarios. Investors and other stakeholders are increasingly looking for information from companies about ho
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.
A total of £30,857,329 has been reportedly lost to pension scammers since 2017 according to complaints filed with Action Fraud, the Financial Conduct Authority and The Pensions Regulator have said.
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
The Financial Conduct Authority (FCA) is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days - before their investment is
BDO, which is the second-largest auditor of listed companies in the UK, has been fined £160,000 and reprimanded over its audit of international insurer AmTrust Europe Limited. The Financial Reporting Council (FRC) said the fined related to BDO's unintentional rule breaches relating to failures
The Financial Conduct Authority (FCA) has announced that it will be banning discretionary commission models mainly used by car retailers and motor finance brokers.
The Financial Conduct Authority (FCA) has announced plans to extend the temporary measures put in place to help customers who hold insurance and premium finance products and who may be in financial difficulty because of coronavirus.
The Financial Conduct Authority (FCA) has set out its expectations for banks, building societies and credit unions when they are considering closing branches or ATMs, or converting a free to use ATM to pay to use.
The UK’s accounting watchdog has closed its investigation into the finances of support services contractor Mitie.
The Financial Reporting Council (FRC) has fined Grant Thornton for repeated breaches of ethical standards. Such breaches included failing to maintain its independence over its audit of collapsed alcohol firm Conviviality.
Critics have argued that yesterday's Financial Reporting Council (FRC) order for the UK's Big Four accountancy firms to separate their audit practices has not gone far enough to remove conflicts of interests within big audit companies. Yesterday, Scottish Financial News reported that the FRC had out
