Regulatory

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 today launched a consultation on the proposed revision of its UK auditing standard ISA (UK) 240  - The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements.ISAs are based on the underlying ISAs issued by the Internationa

Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator.  The Financial Reporting Council’s (FRC) 2020 Key Facts and Trends in the Accountan

Keith Skeoch has been appointed interim chair of the Financial Reporting Council (FRC). Mr Skeoch will serve as interim chair from October 12 for a period of up to six months.

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 proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus after October 31. The proposed guidance sets out how firms should provide tai

The Financial Conduct Authority (FCA) is urging members of the public who invested in the unauthorised land banking scheme operated by Synergy Land Group Limited, and who may be eligible to receive some of their money back, to get in contact with the FCA. Between late 2009 and May 2011, members of t

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 today published its second annual perimeter report that determines which activities require authorisation and what level of protection consumers can expect for the financial services and products they purchase. The perimeter is decided by the government

The Financial Conduct Authority (FCA) has urged Google to clamp down on adverts for online financial scams. 

The Financial Conduct Authority (FCA) has launched a consultation on its approach to the authorisation and supervision of international firms operating in the UK. The consultation launch is relevant to EEA firms that intend to seek authorisation in the UK in the future, including those entering the

The Financial Reporting Council (FRC) has indicated that rule breaches have been discovered in its investigation into KPMG’s audits of collapsed contractor Carillion.

The Financial Conduct Authority (FCA) has said that the home and motor insurance markets require significant reform, as it today set out proposals to tackle concerns about general insurance pricing.

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