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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. -
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. -
Highlights of the FCA’s new approach in 2021
Our mission is to protect consumers from harm, enhance the integrity of the UK’s financial system and promote competition. We are continuing to pursue these objectives while also working to become a more innovative, adaptive and assertive regulator -
New year delivers fairer home and motor insurance renewals
From 1 January insurers will be banned from quoting customers a higher price for renewing their home or motor insurance than they would pay if they were a new customer. -
FCA publishes Decision Notice against hedge fund for conflicts of interest failings
We have published a Decision Notice and a financial penalty of £40.8m against BlueCrest Capital Management (UK) LLP