Fca

The Financial Conduct Authority (FCA) has revealed the ways in which it currently works to protect consumers from investment harm by stopping and disrupting potentially harmful firms and activities. In a report issued today, the FCA has highlighted the action it has taken during the first ten m

Thousands of small business across the UK are set to receive insurance payouts covering losses from the first coronavirus lockdown after the Supreme Court substantially allowed the Financial Conduct Authority’s (FCA) appeal on behalf of policyholders in its business interruption insurance test

The Financial Conduct Authority (FCA) has proposed changing guidance on mortgages and consumer credit repossessions so that consumer credit firms will be able to repossess goods and vehicles from 31 January 2021.

The Financial Conduct Authority (FCA) has issued a warning to consumers about the risks of investments advertising high returns based on cryptoassets. The FCA has said it is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise

The Financial Conduct Authority (FCA) has today published the results of its coronavirus financial resilience surveys revealing the impact of coronavirus on firms’ financial resilience. In response to the crisis, the FCA has been monitoring the effects of the economic downturn on firms&rs

The Financial Conduct Authority (FCA) has appointed Quilter CEO Paul Feeney as the chair of its independent Practitioner Panel. Paul will take up the post from 1 January 2021, succeeding Tulsi Naidu, CEO of Zurich UK. He has been a member of the panel since 2015.

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

The Financial Conduct Authority (FCA) has fined Barclays Bank £26 million for failures in relation to their treatment of consumer credit customers who fell into arrears or experienced financial difficulties. Between April 2014 and December 2018 some retail and small business customers who had

The Financial Conduct Authority (FCA) has confirmed proposals to permanently ban the mass-marketing of speculative illiquid securities - including speculative mini-bonds - to retail investors. A temporary ban was introduced without consultation in January following serious concerns that speculative

The Financial Conduct Authority (FCA) has reminded firms to be ready for the end of the Brexit transition period in one month’s time. When the transition period ends at 11pm on 31 December, firms will need to be prepared for a number of changes to the regulatory environment in which they opera

The Treasury, the Bank of England and the Financial Conduct Authority (FCA) will be convening an industry working group to facilitate investment in productive finance. Investment in productive finance refers to investment that expands productive capacity, furthers sustainable growth and can make an

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

Payday loan firms and doorstep lenders are cashing in on the coronavirus pandemic as they issue families struggling financially with loans at interest rates of up to 1,700%.

The Financial Conduct Authority (FCA) has extended its offering of payment deferrals for mortgage and consumer credit customers for the next six months.

The Financial Conduct Authority (FCA) has publicly censured Perth-based insurer Aviva for making an announcement concerning certain preference shares which had the potential to mislead the market. The FCA has ruled that Aviva's announcement on March 8, 2018, concerning its preliminary year-end