Fca

Nearly 600,000 people are now paying less in interest and charges on their credit card debt because of changes made by the Financial Conduct Authority (FCA). In its Annual Report, published today, the FCA has set out how it has worked over the past 12 months to meet its objectives of protecting cons

The Financial Conduct Authority (FCA) has told banks they must treat small business customers fairly when collecting and recovering debts.

HM Treasury has today announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Mr Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has held since 2011. He also chairs the Board of the Interna

The Financial Conduct Authority (FCA) is using data to tackle online fraud faster by scanning approximately 100,000 websites created every day to identify those that appear to be scams. Where the FCA identifies fraudulent websites, it is proactive in requesting the website host shut them down, thoug

The Financial Conduct Authority (FCA) has published a list of providers it intends to authorise when the pre-paid funeral plans industry comes under its regulation from 29 July.

The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms

Bank of Scotland owner Lloyds Banking Group is close to agreeing a compensation deal for victims of the Reading HBOS scandal. After mounting pressure from small business representatives and the Financial Conduct Authority, it has been reported that the banking giant has agreed to offer victims of th

Banks and building societies will need to assess the impact of changes to their services, for example shorter branch opening times, under updated guidance proposed by the Financial Conduct Authority (FCA). The FCA is also consulting on requirements for more detailed analysis on how firms assess the

David Hamilton and Stacy Keen, financial crime specialists at Pinsent Masons, write about the changes the Financial Conduct Authority (FCA) has recently introduced to tackle breaches of sanctions and how businesses may be affected. The risk to businesses of sanctions enforcement has become more acut

Richard Lloyd OBE has become interim chair of the Financial Conduct Authority (FFCA). Mr Lloyd, who joined the FCA board in April 2019 and has been senior independent director, chair of the board risk committee and chair of the oversight committee, takes over from Charles Randell CBE, who stood down

The Financial Conduct Authority (FCA) has set out an ambitious vision for potential reform to the way companies list in the UK that aims to attract more high quality, growth companies and give investors greater opportunities. In a new paper, the FCA is continuing its discussion on how it can make th

The Financial Conduct Authority (FCA) is to use new powers to more swiftly cancel or change what regulated activities firms are permitted to do. This new power is available following a change in the law allowing the FCA to streamline and shorten the removals process.

The Financial Conduct Authority (FCA) is warning lenders and brokers to stop using misleading terms in their advertising or face regulatory action. The increased cost of living means that more people may take out loans. Marketing that does not give clear information and warnings about the potential

Members of Unite have embarked on strike action at the Financial Conduct Authority (FCA) today in Edinburgh and London. This industrial action is the first action since the inception of the regulator. It follows many months of refusals by FCA management to listen to the concerns of their workforce.

The Financial Conduct Authority (FCA) is using emergency powers to prevent financial advice firms, who advised members of the British Steel Pension Scheme (BSPS), from disposing of assets to avoid paying compensation. The FCA has introduced these emergency rules, without consultation, in light of th