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FCA review finds evidence of growing competition in retail banking
Greater competition in retail banking is driving choice and lower prices for consumers and small businesses. -
FCA to strengthen financial promotions rules to protect consumers
FCA is acting to address concerns about the ease and speed with which people can make high-risk investments -
FCA confirms approach to European firms temporarily operating in the UK
European firms wishing to remain in the temporary permissions regime (TPR) need to meet our standards to continue operating in the UK. -
Statement from Nikhil Rathi on Lord Myners
Following news of the death of Lord Myners, Nikhil Rathi, Chief Executive of the FCA, issued the following statement on the FCA’s behalf: -
Supervisory flexibility on the short selling indicator
We are putting in place temporary measures for the reporting of the short selling indicator in transaction reports while we consider changes to the UK transaction reporting regime. -
FCA has decided to register the first UK securitisation repositories
The FCA announces that it has completed it's assessment of applications received from European DataWarehouse Ltd and SecRep Limited as Securitisation Repositories -
FCA to review competition concerns in wholesale data markets
The FCA will launch 2 market studies and gather further information to investigate access to wholesale data. -
FCA commences criminal proceedings in relation to Collateral (UK) Ltd
Two former directors, Peter and Andrew Currie each face two charges under the Fraud Act 2006 and one charge under the Proceeds of Crime Act 2002. -
Ounapuu Ltd (formerly Ferratum UK Limited) enters a Creditors’ Voluntary Liquidation
On 31 December 2021 Ounapuu Ltd, formerly trading as Ferratum UK, was placed into a Creditors’ Voluntary Liquidation. -
Changes to LIBOR as of end-2021
Publication of 24 LIBOR settings has ended, and the 6 most widely used sterling and Japanese yen settings will be published using a changed methodology.